The foundation's first phase will help raise 7,000 to support a charity for the China Foundation for Poverty Alleviation that helps support more than 2,000 rural, "left-behind" children, whose parents have moved to urban areas to work.
The global automobile market has seen sales slump amid the coronavirus pandemic, while the Chinese market has rebounded since May, indicating market resilience and positive effect of policies, said Christoph Wolff, member of the executive committee at the World Economic Forum, who noted that the Chinese experience is referential to the global market recovery.
The funds stood at 21.26 trillion yuan (.09 trillion) at the end of last month, down from 21.32 trillion yuan in October, according to the People's Bank of China Monday.
The government expects annual NEV output to hit 2 million in 2020 and NEV sales to make up 20 percent of the overall auto market by 2025.
The government must minimize its direct intervention in the market to provide a more enabling environment for business operations and to create more businesses, he said, adding that market players have a key role to play in withstanding the downward pressure on the economy.
The global catering brand is expected to have more than 4,000 McCafes across the country by 2023, offering high-quality freshly ground coffee at affordable prices, said the company. Starting on Nov 18, McCafe will be giving out 10 million cups of free latte in 17 urban markets.
重庆南坪碎结石的医院
The gathering would be the last social event in the million, 204,000 square-foot factory before production begins.
The girl and her father talk to a doctor at Zhongshan Hospital for a health check-up on Feb 18. [Photo provided to chinadaily.com.cn]
The girl's death has stirred a public outcry for the need for more attention for "left-behind children".
The funds raised will be used primarily to expand and enhance Tencent Music's content offerings, service development, selling and marketing, potential strategic investments, as well as other general purposes, said the company.