Sources familiar with the matter said that without the country's policy-based support, Geely would not have beaten two rival European auto giants in bidding for Proton and Lotus.
Speaking at a press briefing, Chan said that the risk of Hong Kong experiencing an economy downturn is significantly rising in face of internal and external difficulties. Therefore, the SAR government must revise downward the real growth forecast for the economy in 2019 as a whole to 0 percent to 1 percent.
Specifically, profits of State-owned industrial firms dropped 8.1 percent from one year earlier to 1.08 billion yuan, while those of private ones gained 7 percent to 884.91 billion yuan year-on-year in the first seven months.
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South Korea, which has more than 3,700 cases — the highest number outside China — mobilized its army Saturday to disinfect large parts of Daegu, the southeastern city that has been at the center of the country's outbreak.
Southwest China's Tibet autonomous region was the only provincial-level region that saw a positive GDP growth of 1 percent on a yearly basis, the local statistical bureau said on Wednesday.
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Song made the remarks during his visit to Vietnam from Monday to Wednesday, ahead of the 70th anniversary of the establishment of diplomatic relations between China and Vietnam.
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Speaking into his phone during a livestream auction in Ruili, a city in Yunnan province on China's border with Myanmar, he said: "7,000 yuan? For this? Before you offer a second price, friend, please take a closer look at the clarity and color."
Song said that oxide semiconductors have only been studied in earnest since 2004, however the commercialization of oxide-based gadgets could be just around the corner.