Still, they are not insured like bank deposits by the Federal Deposit Insurance Corporation, and one of the darkest moments of the 2008 financial crisis occurred when the Reserve Primary Fund collapsed because of soured investments in Lehman Brothers commercial paper.
Strengthening innovation and entrepreneurship education was also the focus of Zheng Xinli, former deputy director of the Policy Research Office of the Central Committee. He said it is a priority in deepening China's educational reform, and urged universities to focus on the cultivation of innovative and entrepreneurial talents and changes to their enrollment policies to ensure promising leaders emerge in the high-tech sector. He also cited a need for recruitment of innovative trainers and teachers to develop China's power in science and technology.
Students showcase designs made in collaboration with lecturers from Donghua University, Shanghai, China. Lucie Morangi/ China Daily
Subnational governments, especially at county and city levels, should fulfill their responsibilities for nonemergency hotlines related to enterprises and people, participants decided.
Steve Berry, president and CEO of Competitive Carriers Association, a trade group for about 100 wireless providers in the US, said in a statement to the FCC that services provided by Huawei are almost always less expensive and can be more reliable than their market competitors.
Students at the Premier School Affiliated to Hou Kong Middle School smile in front of the camera in Macao on Thursday. WANG SHEN/XINHUA
临沧龟头下面的皮突然肿了怎么回事
Stories unfold in the style of chat sessions in Amazon’s new “Rapids” app. (Photos via Amazon).
Such tantalizing subsidies put Meituan-Dianping in direct rivalry with Didi, the country's largest car-hailing platform, and are set to intensify the price war in the Chinese ride-hailing market, with incentives being the trump card for firms to grow both driver and user numbers.
Still more patents published this week address procedures to recharge a drone’s batteries in flight by taking advantage of wind power or other types of airflow, and an autonomous delivery transportation network.
Strategy&, a consulting firm under PwC, said in a report in October that by 2030, mobility services will likely account for 30 percent of the global automotive industry's profits, compared with 26 percent of profits from new car sales.