Small and medium-sized enterprises from China and Turkey can now log onto an e-commerce platform to trade with each other as part of the Belt and Road Initiative to promote online business.
The Monetary Authority of Singapore welcomed the move by the People's Bank of China's Chongqing Operations Office that will allow eligible corporates and individuals in Chongqing to conduct cross-border renminbi transactions with financial institutions and corporates in Singapore.
Shanghai Waigaoqiao Direct Imported Goods (DIG) will soon open a branch in Liangjiang New Area, liangjiang.gov.cn reported.
Chongqing, and the coastal city of Zhoushan, in Zhejiang province, are being tipped by shipping experts as hot favorites to be chosen as new free trade zones for the third round selection, as the central government devotes more resources to developing the Yangtze River Economic Belt within its 13th Five-Year Plan (2016-20).
The Super Makers Center was recently recognized as a municipal level makers space, liangjiang. gov.cn reported.
Chongqing will establish a coffee trading center in April, liangjiang.gov.cn reported.
Cross-border ecommerce in Chongqing prospered in 2015, with annual sales revenue totaling 800 million yuan.
An imported Food Mall is expected to be put into operation this year.
Chinese cola brand Tianfu, the country's top-selling soft drink in the 1980s, formally returned to shop shelves on Thursday after being absent for nearly two decades.
Liangjiang New Area will work harder on trade of services, liangjiang.gov.cn reported.