He said that by the end of 2017, the 10 enterprises have successfully attracted both private and overseas capital adding up to 1.83 billion yuan. At the same time, employee ownership reform is now being carried out in 126 enterprises in 21 regions across the country, Peng said.
He said that it is only by realizing the vision of two states living side-by-side in peace, security and mutual recognition, with Jerusalem as the capital of Israel and Palestine, and all final status issues resolved permanently through negotiations, that the legitimate aspirations of both peoples can be achieved.
He said that in 2017, under the mandate from the State Council, the SASAC had imposed stricter controls on investment by SOEs with high leverage and had established clear guidelines on debt-to-asset ratios.
He said that one of his responsibilities as ambassador to China is to make sure that the new leaders will engage the Chinese leadership immediately when taking office.
He said China's economy is evolving away from an exportd-riven model. The country has witnessed a steady increase in imports, especially those that are high-tech or environmentally friendly and consumer products from global markets, as well as measures to address trade surpluses with other countries and regions, and the CIIE is a strong sign of that.
He said renewables are essential for China to establish a clean, low-carbon and safe energy mix, and to reduce foreign energy reliance.
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He said that driving would be a minor function embedded in futuristic, data-rich vehicles, which utilize troves of data to meet a variety of other needs and transform cars into essential mobile spaces.
He said he pretty much enjoys the challenge of overseeing three distinctive and unique hotels. "I've worked at all three brands before, so I know them very well. I love creating experiences. It's a fantastic platform from which to try and excel every day."
He said competent authorities are investigating the cause of the collapse.
He said China will promote international communications to help the international community understand the country and enhance exchanges and cooperation with other countries.