The Chinese embassy statement said the US persisted in conducting the "301 investigation" and announced relevant trade measures, ignoring rational voices, and in disregard of the mutually-beneficial nature of China-US trade relations and the consensus reached by the two countries of managing differences constructively through consultations. It is a typical unilateral trade protectionist action.
The Chinese government is striving to downsize saturated traditional heavy industries, including steel and coal, while fostering high-tech sectors such as equipment manufacturing and information.
The Chinese government's fiscal revenue may grow at a slower pace from the second quarter, under pressure from intensive tax cuts, weaker industrial price inflation and external uncertainties, said an official from the Ministry of Finance on Wednesday.
The Chinese company said capital from the IPO will be used for research and development in the areas of AI and blockchain algorithms and applications, business expansion, establishing overseas offices and repaying debts.
The China Academy of Engineering Physics first announced Yu's death online, and the Chinese Academy of Sciences, where Yu is an academician, also confirmed his death.
The ChiNext Index, China's NASDAQ-style board of growth enterprises, lost 3.58 percent to close at 1,478.75 points.
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The China Banking and Insurance Regulatory Commission, along with the People's Bank of China, the central bank, said on Monday it has started soliciting public opinion on interim measures on administration of online small lending, with the aim of preventing risks, ensuring the legitimate interests of customers, and promoting healthy development of such business.
The Chinese Ministry of Commerce said on Tuesday that Chinese companies had increased investment in 55 countries along the Belt and Road route in the first half year, with a total of .4 billion, up 12 percent year-on-year. The contract value of newly-signed contracted engineering projects in countries along the route was .79 billion.
The Cambodian government is committed to fostering an investor friendly ecosystem to help address the challenges in logistics and efficiency of the flow of goods and services, he added.
The Chinese and Swiss foreign ministers agreed on Tuesday to firmly uphold free trade by promoting the multilateral trading system and fighting against rising trade protectionism.