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China and Saudi Arabia inked an agreement on the joint venture in 2012 with a total investment of .6 billion, with 62.5 percent of the equity interest owned by Saudi Aramco and 37.5 percent by Sinopec.
China Railway workers construct the China-Laos railway in Yuxi, Yunnan province. [Photo by Li Ming/for China Daily]
China University of Petroleum-Beijing is planning to recruit the first batch of foreign students in September to its Karamay campus in Northwest China's Xinjiang Uygur autonomous region, a move to promote the Belt and Road Initiative.
China also will increase efforts to improve legal framework, credit mechanisms and talent development for the financial sector to help the Chinese economy expand steadily, Li said.
China Merchants Bank Co Ltd, a Shenzhen-based commercial lender with a strong foothold in retail banking, applied facial recognition technology to help identify fraud during application process for an online personal loan product, with a fast, simple and automatic procedure of approval.
来源：资阳报