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Among the 25 pilot visa policies, four are directly linked to foreigners opening businesses in the city. These include issuing visas that allow current international students in Chinese colleges to start businesses in the Shanghai Free Trade Zone and the Zhangjiang National Innovation Demonstration Zone, and allow foreign technological specialists or college professors to commercialize their research in those areas.

Amid the uncertain situation due to the pandemic, a steep fall in oil prices and global financial market turbulence, emerging markets are facing record-high capital outflows. Many heavily indebted countries are finding it harder to service their debts, and have applied for assistance from the IMF. Some developing countries have limited policy capacity to cope with the health crisis, and they need more support from the international community, Zhu added.

Amazon’s been vague on what products will go on sale this Wednesday. All we know at this point is that the 24-hour sale called Prime Day officially kicks off on July 15, the eve of its 10th anniversary.

Among others, local companies CATL and BYD have stood up as giants in the power battery segment, with the two combined securing more than 60 percent of the market share in the country.

Among pacts, Beijing will provide loans beneficial to African nation