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The center will focus on material research as well as the subjects of physics, biology, energy, information technology and advanced manufacturing.
"The combination of the two sides can play a complementary role in pushing forward the enterprises of both countries to implement their 'go-global' strategies under the BRI framework, avoiding detours," he noted.
3.Agreement on Economic and Technical Cooperation between the Government of the People's Republic of China and the Government of the Republic of the Philippines
China will continue to significantly expand market access, strengthen IPR protection, and do more to increase imports. Since the beginning of this year, China has announced a host of new measures for further opening-up, which include the following: creating a more attractive investment and business environment, significantly lowering the tariffs for 1,449 consumer goods and 1,585 industrial goods, further cutting the tariffs for automobiles and auto parts to 13.8 percent and 6 percent respectively, and eliminating tariffs on all imported anti-cancer drugs. With a new round of tariff cuts coming into effect on 1 November, China's overall tariff rates have been reduced to 7.5 percent, lower than the majority of developing countries and beyond the commitment China made upon its accession to the WTO. China has released a new negative list on foreign investment, and will further open up finance, automobiles, aircraft, ships and other sectors. According to a recent World Bank report, China has moved up over 30 places in the ease of doing business ranking over the past year and is among the economies with the most significant improvement. China views all companies, both Chinese and foreign, as equals. China welcomes and encourages fair competition among them, and will fully protect their legitimate rights and interests.
"After introducing pilot FTZs, the competition between local governments has gradually shifted from GDP growth to reforms," said Yin Chen, a researcher with the Shanghai-based Fudan University.
来源：资阳报