The county also recently started a crackdown on factories - mainly garment factories, dyeing plants and paper mills - that illegally dispose of wastewater.
The current world situation is increasingly volatile, and the EU-China partnership is more important than ever. The EU firmly believes that if all countries unite, the world will become stronger, safer and more prosperous, he said in a statement.
The death sentence made by the lower courts was based on clear facts and sufficient evidence, and the law applications and procedures of the case were also correct and legitimate, it added.
The county is also strong in financial service as well as biopharmaceutical and manufacturing industries, according to CCEDC Chief Operating Officer Michael Grigalonis.
The court said a mafia-style gang was organized to extort locals, provoke trouble and bribe local officials.
The country's tech titans Alibaba, Tencent and search engine Baidu Inc have collectively participated in 39 equity deals into startups building AI software and AI chips since 2014, according to a report by venture capital database CB Insights in April.
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The court documents showed a balance sheet deficit of more than3 billion pounds, including 1.9 billion of debt, inter-company payables and amounts owed to third-party payment service providers, bonding providers and guarantees to the Civil Aviation Authority, or CAA.
The deal followed Uber's unsuccessful bid to acquire Grubhub, which was snapped up in June by Just Eat Takeaway, a major Amsterdam-based company in the field, for .3 billion.
The country's satellite industry, which used to be dominated by State-owned enterprises, is gradually changing and opening to private players.
The country's current account registered a surplus of .1 billion last year thanks to robust surplus growth in the last quarter, according to the State Administration of Foreign Exchange (SAFE).