The ministry said it would select 100 excellent SMEs in 2018 to help them improve innovation capabilities, explore overseas markets, boost corporate management and accelerate digital transformation. The ministry said "little giants" were companies with an annual revenue of 100 to 400 million yuan (.6 million), and annual profit growth of at least 10 percent. More importantly, their R&D or innovation staff must account for more than 15 percent of their total workforce. They also have to possess at least five innovation patents related to products, or 15 design patents.
The meeting also accepted the resignation of incumbent mayor Ying Yong, who had been appointed Party secretary of Hubei province in mid February.
The measure will also be introduced in the five leading cities of Dalian, Qingdao, Ningbo, Xiamen and Shenzhen, with other areas also required to see positive progress, the document said.
The measures have safeguarded stability and security in Xinjiang, and received great support from all ethnic groups, he added.
The mining group, which also produces other metals such as copper, lead and zinc, said its sales revenue dipped 3.5 percent from a year earlier to 37.5 billion yuan in the first six months.
The ministry said it will continue putting high-quality education for international students at the top of its agenda by innovating teaching methods and upgrading management mechanisms.
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The ministry also strengthened supervision on procedures of the farmland construction while further improving a nationwide monitoring system, it said.
The measure, which is the largest economic relief bill in US history, includes direct payments to individuals, stronger unemployment insurance, loans and grants to businesses, and more healthcare resources for hospitals, states and municipalities.
The meeting is usually held quarterly, and the latest one was the first gathering after the committee was reshuffled in mid-June.
The meeting required redoubled efforts to ensure supplies vital for epidemic control as well as daily necessities. While enterprises in key industries will be urged to promptly resume production, State-owned enterprises in related areas shall promptly switch production to better serve the need of outbreak response and expand such production capacity.