Editor's note: As the Hong Kong-Zhuhai-Macao Bridge prepares to open to traffic on Wednesday, here is what you need to know about the world's longest sea-crossing bridge. An aerial view of the Hong Kong-Zhuhai-Macao Bridge. At 55 kilometers, the bridge is the world's longest sea-spanning structure. [Photo/HZMB AUTHORITY] 1. Vehicles that could use the bridge Among the vehicle types authorized to use the Hong Kong-Zhuhai-Macao Bridge, shuttle buses will run only between the ports of Hong Kong and Zhuhai/Macao, not crossing any boundaries. Cross-boundary coaches via HZMB will operate similarly to current coaches that run between the Chinese mainland and the two special administrative regions through existing ports, such as the Shenzhen Bay Port. Cross-boundary private cars under quotas for existing boundary crossings (i.e. Shenzhen Bay and Lok Ma Chau) will be allowed to use the Hong Kong-Zhuhai-Macao Bridge without additional procedures on a trial basis. According to figures from the Transport Department in Hong Kong, the number of Hong Kong cross-boundary private cars issued with valid Closed Road Permits (CRP) was 30,400 as of 2017. The number of mainland cross-border boundary cars with such permits is more than 20,000, according to the bridge operator, HZMB Authority. Governments in Hong Kong and the mainland have both promised flexible adjustment of quotas for cross- boundary private cars in accordance with the traffic volume after the bridge opens. where can you buy wristbands
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Michael R. Bloomberg reiterated that the US and China are closely interconnected and each country has a strong stake in the economic prosperity of the other. [Photo/VCG] Former New York mayor Michael R. Bloomberg will be in Washington this week to lobby against US President Donald Trump's plans to slap punitive tariffs on China's exports. The founder of Bloomberg Limited Partners called this a critical moment. Leaders in Washington are considering new trade policies that would unfortunately harm our economy, would kill jobs, would slow innovation, and strain ties with nations around the world, including China, and we just cannot let that happen, he said. He reiterated that the US and China are closely interconnected and each country has a strong stake in the economic prosperity of the other. Cooperation between the US and China is critical to meeting all of the challenges facing our world, from economic growth and trade to security and climate change, the media mogul said. Bloomberg said he will travel to Washington to see people tomorrow and that will be my message, that we just have to find ways to work together. Other countries around the world, again, including China, are responding with their tariffs and we don't need a trade war. We're going to make sure that doesn't happen, he said. Bloomberg was speaking at the 2018 International Finance and Infrastructure Cooperation Forum, held at Bloomberg headquarters in New York on Wednesday. The forum, which marked its second year, was co-hosted by Bloomberg Limited Partners and the China General Chamber of Commerce-USA. Joining the forum were Chinese and US government officials and more than 300 senior business executives and financial professionals who discussed investment trends in China's bond and equity markets and cooperation in US infrastructure. A sensitive time Xu Chen, chairman of the chamber and president and chief executive of Bank of China USA, agreed with Bloomberg that the two countries are in a sensitive time for bilateral economic and trade relations under the current administration. Xu said member companies of the chamber have cumulatively invested more than $120 billion in the US economy and directly and indirectly support over 1 million US jobs. Anthony Foxx, US Secretary of Transportation from 2013 to 2017 and managing partner of Related Infrastructure, said in an interview that there is generally concern among a lot of people in different industries that rely on various source material from China or products from China. Hopefully things will get worked out at the top, he added. The economies of both countries are just too big for there to be a prolonged fight and so I just hope that their cooler heads prevail at the end of the day.
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