Supporting SMEs, especially through financial relief measures, is a crucial decision to reduce vulnerability and ensure a steady economic recovery in the coming months, economists said.
Switzerland, a neutral country, has historically been a liaison between the United States and Iran, which have no diplomatic relations.
Svolt, a battery maker established in 2018, aims to become a top three player in China. [Photo provided to China Daily]
TCL founder and chairman Li Dongsheng said China will likely take the lead in the semiconductor display sector across the world within the next three to five years.
Sun recalls that when they launched BC Capital four years ago, the private equity business had just got off the ground on the mainland after a period of unrestrained growth. The industry's rapid development led to the creation of the Asset Management Association of China in mid-2012, based on the provisions of the Securities Investment Funds Law and the Regulations on the Registration and Administration of Social Organizations.
Sun, former Chongqing Party chief and former member of the Political Bureau of the 18th Communist Party of China Central Committee, was sentenced to life in prison for taking bribes of over 170 million yuan (.7 million) on May 8, 2018.Another 2,466 people were convicted of offering bribes last year, according to the annual work report of the Supreme People’s Court.The report is under review at the ongoing session of the National People’s Congress, the country’s top legislature.
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Suspensions also became shorter, with over 90 percent of the trading suspensions for major asset restructuring deals lasting for no more than three months, Chang said.
Sun says he did feel discouraged when he first took up the "hardship post". The conditions at the village were tough, such as a lack of running water and inadequate communications links. But Sun says local colleagues advised him not to give up because things would soon improve.
Swiss Re head says industry champions sustainability and can help societies like China to become more resilient
TIANJIN - It was Wang Run's first time to board a bullet train as the boy from rural area was going to one of China's biggest metropolitan Tianjin to play draughts at the country's 13th National Games.