The company's long-term strategic considerations for the transition to a low-carbon economy, while demonstrating commitment to developing a long-term strategic partnership with China, will continue.
The comprehensive strategic partnership between the two countries, established in November 2005, has continued to deepen and exchanges and cooperation also have expanded.
The company made a bold move in its business by tapping into the gamer phone product category in 2017. The Razer Phone made its debut last November and became an instant success among gamers.
The company's ninth LNG terminal entered operation in early August, its fourth in Guangdong, with a receiving capacity of 4 million tons per year.
The company's 3D products, approved by Chinese regulators as standardized implants, have already entered some Belt and Road economies, such as Indonesia, Pakistan, and Saudi Arabia.
The company named Farley, 58, as its new CEO effective from Oct 1, replacing Jim Hackett, who will retire after three years at the helm. Farley, who has been with Ford for more than a decade, has been chief operating officer since February.
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The company, also known as Sinopec, has replaced coal with geothermal energy in 10 cities nationwide so far, including Daming in Hebei province and Qingfeng in Henan province, said Ma Yongsheng, president of Sinopec Corp, during the 2018 China Geothermal Energy International Forum in Shanghai on Tuesday.
The company said the move is an effort to resolve the financial strain and supply chain problems it faces, with stakes sought in Faraday Future, Lucid Motors and LeSEE, among others. The company said it will face operational difficulties if it does not receive funds to repay its own debt.
The complaint may illustrate a point emphasized by Zhang, who says the sharing model does not work in every situation.
The company invested 2.5 billion yuan in research and development in 2018, accounting for about 20 percent of its annual revenue.