Looking to the future, Msimang said, South Africa and China will cooperate on more issues, particularly innovation, science and technology. She said she is happy that the ministerial meeting of the Forum on China-Africa Cooperation will be upgraded to a summit this year.
Local authorities have ordered State-owned employers to prioritize job needs of rural workers, and would use better finance terms and tax breaks to encourage private businesses to hire them, Wu said.
Located in Northeast China's city of Shenyang, the joint venture will develop and produce electric motors and components for various vehicle applications.
Looking forward, economists said that policymakers will continue to implement pro-growth measures to facilitate a steady economic recovery, including boosting domestic demand, encouraging technological innovation and further opening the domestic market to international competition.
Local brands typically focus on one or two "hero" stock-keeping units that target one specific market niche, he said. "This eliminates unnecessary product complexity and ensures that an insurgent brand's limited resources are devoted to a very focused message to the target audience."
Localization of production not only cultivated skillful workers, but also built competitive research teams, he added. Expanding its market from western to central US, BYD is now stretching its reach to the East US and Canada.
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Located in southwest China, the Qinghai-Tibet Plateau covers the entire Tibet Autonomous Region and Qinghai Province, in addition to parts of Sichuan, Yunnan, Gansu and Xinjiang.
Long before COVID-19 hit the economy, reforms to boost SMEs were paying off. In the 2019 World Bank Ease of Doing Business Index, China jumped 15 places from the 46th to the 31st most business-friendly country in just one year-2018 to 2019.
Long added government departments, public institutions and State-owned enterprises are urged to ensure timely repayment to SMEs based on the new regulation, which will help stabilize SMEs' daily operations and create a fairer business environment.
Lognonné said he expected InSight to eventually detect quakes 50 to 100 times larger than the April 6 tremor.