The new rules, which are subject to a one-year trial period, include performance and capability assessment of insurers through a rating system and a requirement for insurers' asset-liability condition and management reports, according to the China Insurance Regulatory Commission, or CIRC.
The new breakthrough in world shipping is China's reimagining of the ancient Silk Road trading routes. The Belt and Road Initiative launched in 2013 aims to further strengthen the land and sea infrastructure networks that connect Asia with Europe and Africa.
The neighborhood will soon have a bazaar selling Chinese handicrafts and a theater, while the iconic local newspaper Kwong-Wah Po is also to be revived.
The new products came after Huawei's non-US semiconductor suppliers were asked to halt shipments of products containing US technologies to the company from Tuesday. If they want to pursue the business with Huawei, they must get a license from Washington, according to the latest US government restrictions.
The new policies and plans in the pipeline concern the world, as China is the second-largest economy, contributing over 30 percent to global growth since the global financial crisis in 2008, Caciuc said.
The new school in Niyang lacked all but the most basic teaching resources. Zhi had to grow vegetables herself because there was a food shortage in the village. Walking along rugged mountain trails, she and her colleagues carried textbooks and other supplies on their backs into the mountains.
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The new channel is the first national all-media channel dedicated to agriculture and rural affairs. With daily 18-hour programs, the channel officially began broadcasting on Monday.
The new data center in Shanghai is Site24x7’s fifth one globally, and the company will launch one in Beijing in the next quarter.
The new product relies on the cloud and is dubbed Tencent Meeting. It offers a way to maintain strong communication with coworkers, clients, partners or anyone who uses the system, which will help enterprises save costs and improve efficiency.
The new draft regulations for financial institutions' asset management business will lead to further differentiation among banks offering such services, academics said.