Gu Guoming, the former Party secretary and president of the State-owned Industrial and Commercial Bank of China's Shanghai branch, stood trial on Tuesday for allegedly taking bribes amounting to 136 million yuan (.39 million).Taking advantage of his job position, Gu had provided help for multiple individuals and corporate clients in loans and financing as well as received benefits in return for helping people secure projects between 2005 and 2018, prosecutors said during the trial at Shanghai No. 1 Intermediate People's Court.Gu was investigated by the country's Central Commission for Discipline Inspection in June last year and was detained for criminal offences by the Shanghai Public Security Bureau in November. He was approved for arrest in December.During investigations, Gu confessed not only to receiving the 5.86 million yuan in bribes found by the police but also another 131 million yuan that had yet to be discovered.Gu pleaded guilty during the court hearing and his attorney pleaded for a lenient punishment because of his confession.The court said that a verdict will be announced later on Tuesday.
Government officials, experts and scholars, media organizations as well as representatives from internet companies of the two countries attended the event via video link, and conduct in-depth discussions and exchanges on a series of topics.
Guangdong province in South China recorded an import-export volume of 575.69 billion yuan (.66 billion) in April, Guangdong customs said on Sunday.
Governor General Dame Patsy Reddy signed the law on Thursday night, which was the final step before it becomes law.
Grobler continued that it is truly sad that at a time when the world desperately needs concerted international or multilateral cooperation, solidarity and compassion to overcome this devastating crisis, some people played a counter-productive blame game spewing distorted and questionable facts and, in the process, regrettably displayed an ugly prejudice and bias that contributes to the shameful stereotyping of China and, in fact, "racial hatred" towards the Chinese people.
Gong Jiaqin, co-founder and vice president of Xag Co Ltd, said the company had registered some of its patents with cutting-edge technologies in overseas markets, to avoid any negative impact from the trade friction.
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Government-backed loans will be offered to small businesses and large companies as part of the relief effort.
Good things coming
Globally, 5 to 10 percent of adults and 20 to 30 percent of children get the flu every year. Most are minor cases, although more than 3 million cases will result in severe conditions, including death, according to data shared by the China CDC and the World Health Organization.
Ground staff load cargo at Nantong Airport, Jiangsu province. [Photo/for China Daily]