Several Chinese online education startups are currently seeking new rounds of financing. Zuoyebang is planning to raise 0 million from Softbank, while online English firm VIPKID, according to online tech publication The Information, is looking to get 0 million to 0 million funding.
Several government departments jointly issued a notice on Tuesday, urging local governments and State-owned asset management departments to define the first lists of zombie companies in three months. The disposal of zombie companies is set to be completed by 2020.
Shadow banking refers to activities performed by financial firms outside the formal banking sector, and therefore subject to lower levels of regulatory oversight and higher risks. [Photo/Sipa]
Shares of Pinduoduo and Trip.com Group slid 3.08 percent and 1.29 percent, respectively, leading the laggards in the top 10 stocks.
Shanghai will use the opportunity to draft preferential policies to encourage the spirit of craftsmanship and improve vocational education to cultivate skilled talent, said Peng Chenlei, the city's vice-mayor.
Shaanxi province, which has China's second-largest cultural collection, announced last month that it had created digital archives for more than half of its 282 public museums.
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Severe mental illness, rheumatic heart disease, bladder cancer, ovarian cancer and kidney cancer are newly added to the reimbursable list, which was expanded to 25 diseases in 2019.
She added that she was "saddened" by the delays in caesarean section operations and inadequate care for newborn babies as a result of the strike.
Shanghai police have detained 15 people suspected of buying lost identity cards to open "black" bank accounts and then selling the documents, mostly to gangs involved in telecom fraud.
Shares of Spring Airlines surged 3.7 percent on the Shanghai Stock Exchange on Friday after the Shanghai-based budget carrier said it would invest in State-owned China Southern Airlines.