Gao Huaixue, the actual controlling shareholder of GI Technologies, said her company started business in non-performing asset management and disposition in recent years, and then engaged Yao as a professional manager.
Gao added that the Shanghai-London Stock Connect is likely to take effect in 2019, making A shares more accessible to global investors. The program will provide investors on both sides with access to equities on the other side.
Further regulatory measures to ban initial coin offerings (ICOs) and cryptocurrency exchanges, especially via overseas platforms, are on the way after some illegal activities were unearthed by regulators following the ban on trading of these products on domestic platforms last year.
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Fu Jinling, head of the Social Security Department of the Ministry of Finance, said on Tuesday that the outbreak has been a shock to local governments' fiscal balance, but that will be temporary. "The overall size of fiscal budgets is large, and they have enough spending flexibility to handle economic shocks."
Galanz, a Chinese home appliances maker, is stepping up its go-global push as the COVID-19 outbreak has increased overseas demand for its refrigerators, microwave ovens and other kitchen products.
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GM said it will introduce a record of more than 20 new and refreshed models in China in 2019 and about half of them will be new nameplates.
Furthermore, said the Party chief Sun, farmers no longer have to leave their hometowns and be migrant workers in order to make more money.
GUIYANG -- One person was dead and two others remain missing after a factory workshop under construction collapsed early Wednesday morning in Liupanshui City, Southwest China's Guizhou province.
Fu was reluctant to boast: "I don't want to make such estimates. What I trust is taking action and letting the future speak for itself."