Photo shows the train prototype for the Cat Linh-Ha Dong urban railway project at the Giang Vo Exhibition Center in Hanoi, Vietnam. (Xinhua/Le Yanna)
Hi, here is what you need to know about China:
BEIJING -- China's leading bicycle-sharing service provider Mobike Technology has secured more than 300 million U.S. dollars in the latest round of funding since January this year, the company's CEO Wang Xiaofeng said Monday.
Mobike received equity investment from Singapore's Temasek and add-on investment from Hillhouse Capital, which led Mobike's last round of funding. xhne.ws/Y3VB8
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BEIJING -- China will continue to reduce access restrictions to facilitate the inflow of foreign investment, Commerce Minister Gao Hucheng said Tuesday.
He made the remarks at a press conference when answering a question about concerns of "a rush of capital flight" from the country.
The minister dismissed the concerns as biased, saying the year-on-year drop in foreign direct investment (FDI) into the Chinese mainland last month is not reflective of China's appeal to foreign investors. xhne.ws/3wHVt
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CAPE TOWN -- China remained the leading growth market for South Africa's tourism industry, with year-on-year growth recorded at 38 percent last year, figures released on Monday showed.
The growth in tourist arrivals from China has been consistent over the year, following improvements in the visa application processes in those countries, Tourism Minister Derek Hanekom said. xhne.ws/wR8aH
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HANOI -- First carriage of the train used for Vietnam's first urban railway Cat Linh-Ha Dong Line was hoisted in Vietnam's capital Hanoi at the dawn on Tuesday.
The 13-km Cat Linh-Ha dong Line is constructed by the 6th bureau of China Railway Engineering Corporation (CREC).
The first train, which contains four carriages, started its travel from Beijing on Jan. 20 and arrived Hanoi on Feb. 19, said Tang Hong, the general manager of Overseas Company of CREC told Xinhua, adding that the Chinese-made train applied with Chinese standards and technology. xhne.ws/RTkSb
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PHNOM PENH -- Cambodia and China's Beihai City on Tuesday signed a Memorandum of Understanding on bilateral cooperation in technical and vocational training.
The agreement was inked here between Ith Samheng, Cambodian minister of labor and vocational training, and Chen Wei, vice mayor of Beihai City in southwestern China's Guangxi Zhuang Autonomous Region.
Under the agreement, which is valid for five years, the Chinese side will accept Cambodian workers and students to train various skills in China. xhne.ws/9K0hI
