Wang Xing and its related party Meituan are the second-largest shareholders of Leading Ideal, with 332 million shares, accounting for about 23.5 percent of the total share capital, but only 9.3 percent of the voting rights.
Wang added that the debt of some African countries will be tackled through their sustainable and diversified economic development, and China's assistance and cooperation toward Africa will never follow the path of Western countries.
Wang Tao, chief China economist at Swiss bank UBS, said that more policy easing will occur in the coming quarters including a higher fiscal deficit, the issuance of special treasury bonds, more government spending in the labor market and healthcare system, and stronger infrastructure investment.
Wang said that 5G network construction will also drive investment on applications not only in the upstream and downstream along the industrial chain but other industries, which is expected to exceed 3.5 trillion yuan in the next five years.
Wang said the pressure of credit risk remains, as China's economy still faces downward pressure and uncertainties brought by China-US trade friction. In addition, the rapid growth of credit card lending and consumer lending has accumulated a certain amount of pressure.
Wang exhibits old items he has collected over the past 30 years in his museum that he established on the second floor of his house in 2019. Placed inside are glass cabinets, ink slabs, phonographs, and magnetic tapes, among others, which chronicle stories of the bygone era.
沧州为什么龟头有白色物
Wang said he hopes that the public would pay more attention to the charity initiative that he started in 2018. The Huacao sub-district, where the residential building is located, helped establish a charity work station in his name to bring his philanthropic ideas to reality.
Wang said China will fight to the end if the US continues following its errant path, but the door for dialogue and negotiation remains open.
Wang made the remarks on Tuesday in a meeting in Cairo, Egypt, with Secretary-General Ahmed Aboul Gheit of the League of Arab States.
Wang Yiwei, Jean Monnet chair professor at Renmin University of China, said that both Germany and France betting their candidates nominated for EU's top jobs indicates that the France-German alliance is still solid, which is key for the EU to continue strong leadership amid difficulties both inside and outside the bloc.