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Chinese authorities pledge to rigorously control risks in local government bonds and implicit debt while using bond issuance to finance infrastructure projects and improve weak areas. [Photo/VCG]
Chinese people's spending during the holiday was geared towards younger consumers, diversified consumption and quality-driven shopping, according to Alibaba.
Chinese innovative road construction technologies are also an area of interest to the Ukrainian public. The tunnel boring machines, presented by the China Railway Construction Heavy Industry (CRCHI), are one of the most unusual and most visited exhibits at the exposition.
Chinese firms signed 115 project deals with a contract value of more than million in the first two months of 2020, accounting for 83.9 percent of the total contract value signed by Chinese companies during this period. Those projects were mainly involved in industries, including transportation infrastructure development, telecommunication and petrochemical engineering.
Chinese companies have been known for their cost-efficiency and efficiency in building highways, railways and ports. For example, CRRC Corporation Limited has bid for subway projects in Boston and Chicago, Wang said.
来源：资阳报