Li said: "I want to thank everyone who has been involved in making this deal happen, including British Steel employees, the unions, and the British government. We will not misplace the trust that they have placed in us."
Lian Ping, chief economist at Bank of Communications Co Ltd, said banks will have more room to adjust their lending policies and procedures after regulators become more tolerant of any rise in nonperforming loans. The cost of increase in bad loans is still affordable for banks, partly because of the launch of targeted favorable policies by the Ministry of Finance and the People's Bank of China, the central bank.
Lin Bin, president of Xiaomi, said if the overseas markets maintain a strong momentum, the company will sell more smartphones in foreign countries than in China by 2020 or 2021.
Li, who served as premier from 1987 to 1998, died in Beijing on July 22 at the age of 91. He had also served as a member of the Political Bureau and the Secretariat of the 12th Communist Party of China Central Committee, and of the Standing Committee of the Political Bureau of the 13th, 14th and 15th central committees of the CPC, and as chairman of the ninth National People's Congress Standing Committee.
Limas and dozens of other newly graduated lifeguards have been working at the beaches, ensuring visitors comply with the need for social distancing and proper hygiene to prevent the spread of the coronavirus.
Lin Mingang, deputy head of the China Association of Social Security and a social policy professor at Nanjing University, said the guideline drew upon experience from the temporary relief measures implemented during the efforts to contain COVID-19 and made it easier for individuals to apply for relief.
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Lianhuayan, featuring lotus-shaped rocks, is an emerging tourist destination in Zuoquan county. XING LANFU/FOR CHINA DAILY
Lily Fu, acting sales general manager of Motorola Solutions China, said that her company was bullish on its prospects in China and key areas of future growth included transportation and use in forestry protection. She said that by 2020 the average compound growth rate for the digital mobile radio sector would reach 6 percent.
Li pointed out that the APT countries need to leverage their strengths in economic complementarity and strong business ties to further ease tariffs, eliminate barriers, boost the flow of trade and investment, and keep markets open to each other, in an effort to restore growth in East Asia as quickly as possible.
Li stressed the spirit of democracy, unity, result-seeking and striving for the progress of the annual legislative session.