The company has more than 20 employees at present and over one-third are from Taiwan.
The civil code draft will be sent to all national lawmakers to solicit opinions in January, Shen said, adding that views of local legislatures, relevant authorities and the public are also to be collected to improve the draft before it is submitted to the NPC.
The comments came as the country saw a 3.7 percent year-on-year growth of infrastructure investment (excluding electric power) in the first 11 months of 2018. The growth rate for the new year is forecast to be higher, according to Yu.
The company announced in December 2017 that it received approval from South Korea's trade ministry for its plans to build a .7 billion OLED plant in Guangzhou, to cater to rising demand and cement its lead in the growing market.
The company has developed in Wuxi for 14 years and invested a total of billion. After signing the agreement for the second SK hynix factory, the high-tech district coordinated power and water supply and streamlined the administrative procedures to support the factory's construction.
The company also required drivers to complete a mandatory online driver safety program and tripled its customer service staff, it said.
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The company has already completed a series of A-shares financing worth more than 10 million yuan in August 2016.
The company has also taken advantage of its network of gas stations to boost sales of products from poverty-stricken regions, including vegetables and groceries. It has helped Hubei province sell agricultural products worth 60 million yuan across 60 categories, including products like orange, tea and crayfish.
The company has gained market share across the US, China and Europe, with the UK and Germany recording growth of 30 percent and 32 percent respectively. The overall passenger car market in the US declined by 2.0 percent in first half, while China and Europe fell by 9.3 percent and 3.1 percent respectively during the same period.
The comments came after the Ministry of Industry and Information Technology, the nation's top industry regulator, said that interim 5G licenses will be issued in a number of cities to enable the large-scale construction of 5G networks in key regions.