The press release cited Joseph Seal-Driver, ofo's operations director in Britain, as saying that Oxford has been actively involved in promoting a sustainable transport system, and ofo can help provide the city with more environmentally-friendly ways of commuting.
The project unveiled the globalization strategy of Beijing Gas, according to Xu.
The premier said the Chinese people are resilient and market entities in China have strong confidence in the future.
The project, called Multi-terminal UHVDC Demonstration Project from Wudongde Power Station to Guangdong and Guangxi, or Kunbei-Liubei-Longmen DC Project for short, passes through Southwest China's Yunnan and Guizhou provinces, South China's Guangdong province and Guangxi Zhuang autonomous region. The total length of the project is 1,452 kilometers.
The private sector has been an indispensable force driving local economic development, Tang said. He cited that private companies in Fujian contributed about 70 percent to the province's local tax revenue last year and created more than 80 percent of job opportunities.
The presentation was attended by about 500 high-ranked guests, including the official delegation from the Chinese Ministry of Commerce, representatives of Shanghai municipal government, Ukrainian entrepreneurs and government officials.
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The project, called Multi-terminal UHVDC Demonstration Project from Wudongde Power Station to Guangdong and Guangxi, or Kunbei-Liubei-Longmen DC Project for short, passes through Southwest China's Yunnan and Guizhou provinces, South China's Guangdong province and Guangxi Zhuang autonomous region. The total length of the project is 1,452 kilometers.
The price rises should not affect China's monetary policy stance, and there's still room for strengthening countercyclical regulation to boost growth, he said, predicting that this year's CPI growth may reach 2.9 percent, slightly lower than the 3 percent inflation control target for the year.
The presidential couples visited the Cultural Relics Hospital at the Palace Museum and watched craftsmen repair historical relics there.
The project comes as China accelerates approval of infrastructure projects to stabilize investment and bolster the economy.