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China announced on Friday that it has lowered the bar for foreign companies to invest in Beijing's service businesses, including banking, entertainment and air transportation, to ease market access restrictions on foreign direct investment from Dec 10 to May 5.
China Railway Construction Corp, one of the country's two biggest rail construction contractors by sales revenue, will send the first group of medical teams with experience in fighting COVID-19 to Nigeria on Wednesday to help with the country's battle against the virus.
China Mobile posted operation revenue of 391.8 billion yuan (.27 billion) in the first half of the year, up 2.9 percent on a yearly basis. The company earned net profits of 6.56 billion yuan, an increase of 4.7 percent year-on-year, equal to 360 million yuan of income per day, according to company statistics.
China National Electric Apparatus Research Institute Co, a subsidiary of Sinomach, introduced private enterprises, such as Zhejiang Chint Electrics Co and DunAn Holding Group Co, as strategic investors. In addition, its employee stock ownership plan was one of the 10 pilots among central State-owned enterprises.
China also made exports and imports easier by implementing an advance cargo declaration, upgrading port infrastructure, optimizing customs administration, and publishing fee schedules, which have been recognized by the World Bank.
来源：资阳报