Sir Danny Alexander believes a lack of infrastructure is holding back the development of the Asian region.
The Asian Infrastructure Investment Bank has been in business for more than a year now, after a 15 month participatory process.
It is only a year or so since the formal establishment of the Asian Infrastructure Investment Bank, but already attitudes, and even policies, by most of those institutions and countries firmly opposed to its formation appear to have changed completely.
Entrepreneurship and technological innovation have immensely contributed to sustaining the development of State-owned enterprises and will serve as their new growth engine through proper integration, Premier Li Keqiang said on Thursday.
An overwhelming focus on tougher sanctions and greater pressure on Pyongyang will "lead to losing a hard-won chance, possibly worsen the standoff among parties concerned and sabotage efforts in promoting peace and talks", Foreign Ministry spokesman Geng Shuang said on Friday.
A 2 million yuan millstone hangs around the necks of Wu Jian and his wife, and yet they consider themselves lucky. That amount, equivalent to $290,000, is how much Wu, 28, of Beijing, and his wife owe a bank and their relatives after they borrowed money to buy a 60-square-meter apartment in the city last winter.
China will produce two additional types of cargo spacecraft with different functions to service its future manned space station, according to a space program manager.
CHICHESTER, England - British experts will carry out tests to try to determine how a rare copy of the US Declaration of Independence found its way to an archive in southern England.
The first talks between China and South Africa on people-to-people exchanges and culture was praised on Monday by President Xi Jinping, who said it would "build a foundation" of public support for the ties and stimulate cultural exchanges.
Leaders, in 2nd recent telephone call, focus on how to de-escalate tensions
Infrastructure could become a prime area for increased cooperation between the United States and China, said Cui Tiankai, China's ambassador to the US.
Courts should fully protect brands - domestic and foreign - by cracking down on those who register trademarks with "malicious intent", a senior judge said on Monday.
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