The move comes after Xiaomi announced earlier this month that it plans to march into France and Italy on May 22 and 24 respectively. The openings mark Xiaomi's latest steps to seek new momentum in Europe and establish itself as a globally recognized brand.
The move is to introduce outside investors who possess industrial background and business resources to optimize the ownership structure of TCL Communication and accelerate its transformation, according to the company.
The name of the 27-year-old man is being kept secret for now by court order, a restriction that is sometimes imposed in the New Zealand judicial system. The man will likely face a mandatory life sentence, which comes with a minimum 10-year non-parole period.
The move marks BYD's first ever effort to share its batteries, which have been at the very core of the carmaker's competitive edge in the new energy car sector.
The move mainly targets products of inferior quality exposed by the news media on March 15, a consumer rights protection day.
The monetary authority also stressed the need to balance internal policies with the external environment, and keep flexible renminbi exchange rates reasonably stable.
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The move is more likely to solve the problem that tenants cannot obtain the detailed identity information of their lessors, and to avoid the trouble of the personal information leakage, one insider said in the report.
The move came as Honor achieved 150 percent year-on-year growth in overseas markets while maintaining its position as China's leading e-commerce smartphone brand.
The move is part of XCMG's efforts to meet the diversified local demands and promote the development of network distribution in finance products and services, said XCMG Chairman Wang Min.
The move follows Apple's announcement in July 2017 that it will build its first China data center in Guizhou province, in the southwest of the country. The project will also receive billion in investment and be put into operation in 2020.