The compensation was directly paid to residents via a blockchain-based payment system, which helped reduce the possible intermediate links and avoided diversion or misappropriation of funds, said Wu Haijun, deputy director of the area's administrative committee. Over 160 construction projects and more than 40,000 migrant workers were paid via blockchain-based payment systems, said Wu.
The company will also recall 742 Pacifica models produced between April 19, 2017 to March 6, 2018 starting Saturday, statement from the SAMR website showed.
The company is one of the investors in the China-Belarus Industrial Park project, which covers an area of 91.5 square kilometers.
The company noted the peak for train transport is expected to be on Oct 1-the first day of the National Day holiday-with 13 million passenger trips.
The company will replace faulty parts free of charge.
The company participated in the first China International Import Expo (CIIE) in Shanghai in November and plans to do so again this year.
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The company's bankruptcy also serves as a reminder to Chinese companies that innovation in sales channels and product research is very important, Li said.
The company is planning to invest in countries such as Panama, Guinea and Suriname, he added.
The company obtained the country's first license for an unmanned vehicle open road test last week. The other company to do so is Nio Auto, a Shanghai-based developer of high-performance electric vehicles.
The company is launching in 33 zip codes in San Francisco?initially, which is the largest number of zip codes at launch in any market for the service at launch. Amazon says more will be added soon. At launch, 117 restaurants are participating in Prime Now delivery in San Francisco.