Xu said he expects the current deal to have similar synergy like HBIS. Six months after the Chinese firm took over the ailing steelmaker, its Smederevo plant, currently named HBIS Group Serbia Iron & Steel, has turned the corner and emerged as Serbia's second-largest exporter. It produced 1.4 million metric tons of steel in 2017, with its profit hitting a record 200 million yuan that year.
YINCHUAN - Governmental officials, academics and entrepreneurs from China and Arab countries who gathered in Ningxia for a technical conference reached a consensus that two sides should further advance technology transfer and deepen cooperation.
Yang stressed that the government's major tasks in the second half of the year include resolving risks associated with local government debt, addressing chaotic activities in financial markets and stabilizing the property market, as well as private and foreign investment.
Yang Weimin, deputy director of the Office of the Central Leading Group on Financial and Economic Affairs, said China will not pursue sheer GDP growth in its economic development.
Yang was found to have seriously violated political disciplines and Party rules, and traveled overseas without permission using fake ID documents.
Yan Shuhan, a researcher of socialist systems at the CPC Central Committee Party School, said as the Party continues to fulfill its goals, problems and unexpected difficulties may continue to emerge.
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Xue Jimin, a lawyer from Jiangsu province, said, "Filing a case has not been difficult for people since Chinese courts banned unnecessary barriers to the process through judicial reforms. That also protects human rights in litigation."
Yasushi Akashi, former under secretary-general of the United Nations, said people of the two countries, "neighbors that cannot move away", should understand they have no choice but to be friendly toward each other.
Xu, who is also deputy director of the China Foreign Trade Center, said the trade event has helped boost trade in domestic and international markets and realize sustainable developments for enterprises.
Yan Chunfeng, former deputy Party secretary of Guang'an, Sichuan province.