Over the past 40 years, the private economy has become an indispensable force driving China's development, being a major contributor to employment creation, technological innovation and tax revenue.
Outstanding non-performing loans of China's commercial banks reached 2.41 trillion yuan (5 billion) by the end of Q4, up 46.3 billion yuan from the end of the previous quarter, according to the China Banking and Insurance Regulatory Commission.
Ouyang Rihui, assistant dean of the China Center for Internet Economy Research at the Central University of Finance and Economics, said as one of China's oldest web portals, Sina is lagging behind its rivals, as it failed to grasp the new opportunities in the age of mobile internet. Following the go-private deal, Sina will be able to boldly take new moves without considering the market reaction, such as strategy and management adjustment and the introduction of new investors, Ouyang said.
Over the past 34 years, 3M has had a meaningful involvement in the development of the Chinese economy by leveraging its diversified technologies and multiple solutions, from infrastructure construction to manufacturing and occupational safety, keeping in step with and helping drive forward the Chinese economy, he said.
Over the past week, the People's Bank of China (PBOC), the central bank, net injected 189 billion yuan to the money market through tools including reverse repos and the medium-term lending facility (MLF).
Over the past week, media reported that the electric car maker has entered an agreement to build its own factory in Shanghai. But the company did not confirm the news in the statement, only reiterating that "we expect to more clearly define our plans for production in China by the end of the year."
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Overly optimistic travel expectations for the approaching Labor Day holiday, summer holiday or even National Day holiday are inappropriate as the COVID-19 pandemic is a more complex situation with more areas affected.
Overseas exhibitors examine a soil-less vegetable cultivation device at the 29th East China Fair in Shanghai earlier this month. XIAO DA/CHINA DAILY
Over the past six years since its establishment, the committee has successfully mediated over 400 foreign related cases worth a total of 58.7 million yuan (.3 million).
Outside the chamber, Republicans and Trump sought to defeat a Democratic-led effort to allow witnesses and documents.