The report said China Mobile has carried out 5G scale tests and application demonstrations in 17 cities, China Unicom is achieving consistent coverage of a 5G trial network in seven cities, including Beijing, Shanghai, Guangzhou, Shenzhen, Nanjing and Hangzhou, as well as Xiongan. It plans to achieve 5G network coverage in 33 cities' selected areas, and China Telecom plans to accelerate 5G network deployment in some key cities, and build 20,000 base stations in 2019.
The relationship between China and the EU is in fact characterised by positive interdependence, with highly intertwined interests, he said.
The report also found use of blockchain is also a specific area of interest for regulators given the native 'regulatory capabilities' that are embedded in the technology. Transactions can be validated on the fly rather than monitored by intermediaries after the fact.
The relay is led by eight staff athletes from Standard Chartered selected from its Asia, Africa, Middle East, Europe and the Americas offices. The project kicked off in China's Hong Kong Special Administrative Region on Feb 17 and will end in a Chinese mainland city on May 11 following the Belt and Road Forum. The athletes are expected to run across 44 markets within a 90-day period.
The renowned businessman was well-respected for his achievements in many areas, including being one of the first entrepreneurs to invest in the Chinese mainland when the nation embarked on reform and opening-up in the 1970s, his generosity to charities and donating money to build schools.
The report focused on job seekers' behavioral characteristics at middle or basic level from 2017 to 2018, revealing the temptation of tier-one cities is dropping. The percentage of post-95s that want to work in tier-two or tier-three cities has increased to 41.3 percent.
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The regulations will go into effect on Feb 1, 2020.
The regulator has also rolled out restructuring plans for problematic, high-risk financial institutions such as Baoshang Bank Co Ltd and is pushing ahead with market-oriented restructuring and risk disposal. The problematic shareholders are being discharged in an orderly manner, Cao said.
The regulator's investigation results showed the company's five faults in information disclosure, including having not disclosed its vaccines' failure in meeting related standards and the consequent production suspensions and product recalls, as well as delivering misleading statements and major omissions about its subsidiary's products.
The regulator required that banks include online lending in the comprehensive risk management system and establish a set of rules correspondingly. It also highlighted the importance of regulation of banks' partners in the online lending business.