The move came as the government pledged in March that the average electricity price for general industrial and commercial businesses will be cut by another 10 percent to reduce burdens on the real economy.
The move came as quality upgrading becomes a key in further implementing the country's Made in China 2025 strategy.
The move is part of Mattel's efforts to revive its sluggish business, as demand for traditional toys has declined in the face of the soaring popularity of video games and social media, as well as competition from smaller toy factories. Mattel's major brands all reportedly saw drops in gross sales year-on-year in the third quarter of last year.
The move follows the second annual session of the 13th National People's Congress earlier this year, which highlighted this issue and called for improvement in internet-based medical services.
The move doesn't immediately end the company's longest strike since 2007, but will come as a relief to the union and the automaker. GM will have lost .5 billion in profits to date if the deal is approved, according to an estimate from the Anderson Economic Group.
The mission has lodged stern representations with the EU, a spokesperson of the Chinese mission said, adding that Hong Kong is a special administrative region of China and the legislation for safeguarding national security in Hong Kong is entirely China's internal affair.
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The move was part of China's ongoing efforts to curb systemic financial risks after the central authorities made it a top priority during the Central Economic Work Conference held last month.
The move toward preflight testing was first trialled in Turkey and Germany.
The move comes after China cut about 1.3 trillion yuan in taxes and fees last year, including the value-added tax, individual income taxes and corporate income taxes for small and medium-sized firms. [Photo/VCG]
The nation unveiled a blueprint in February to develop its own standards for autonomous vehicles by 2025. It covered technological innovation, infrastructure, legislation, supervision and network safety.