Summit focuses on economic integration

The 14th China-ASEAN Business and Investment Summit, to be held between Sept 12 and 15 in Nanning, will emphasize tourism to accelerate regional economic integration, said the Information Office of the State Council on Monday. The summit is expected to bring the regional economies together by enhancing cooperation in various areas such as imports and exports, e-commerce and infrastructure projects. “The summit will help promote mutual understanding of policies, as well as offer opportunities for cooperation,” said Qian Keming, vice-minister of commerce. “It also encourages ASEAN countries to export goods such as agricultural products, tropical fruit, palm products and rubber.” on Monday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day. The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. their underwriters will confirm IPO dates and publish prospectuses following discussions with the exchanges. Under the current IPO system, new shares are subject to approval from the CSRC. China is gradually switching from an approval-based IPO system to a more market-oriented one based on registration. leaders are hoping the string of mergers will boost rates once more. COSCO-OOIL would become the third-largest shipping player behind Danish conglomerate Maersk and Mediterranean Shipping Co, if the takeover gets the green light. produce 100 cars in August and more than 1,500 in September. It looks like “we can reach 20,000 Model 3 cars per month in December,” Musk said.

ZOU HONG / CHINA DAILY A man tries binoculars at Luxury China, a three-day expo at the China National Convention Center in Beijing. The event, which opened on Saturday, is one of the most influential platforms in Asia for brand promotion.