Meituan was founded in 2010 and merged with comment-rating platform Dianping in 2015. With over 300 million active users using its platforms and more than 4.4 million merchants listed on it, it has become the country's largest provider of on-demand services spanning food delivery, hotel bookings, travel and entertainment ticketing.
Measures like these were what the annual Central Economic Work Conference in December highlighted as key to winning what central authorities call "the three tough battles". To wit: targeted poverty alleviation, prevention and defusing of major risks, and pollution control.
Members of the cooperatives can invest non-monetary assets that can be evaluated and transferred, such as their land management rights and forest rights, the draft revision reads.
Merkel has visited a number of cities across China in her previous trips.
Meanwhile, the proportion of those living in absolute poverty has fallen dramatically, from 19 percent of the population in 2009 to less than 1 percent now.
Meanwhile, two other airlines, Garuda Indonesia and Indonesia AirAsia are also setting up for expansions in China.
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Media reports said that iPhone X orders will decline by 30 percent in the first quarter. Other smartphone manufacturers including Huawei Technologies Co Ltd, OPPO Electronics Corp and Vivo Mobile Communication Technology have cut down their orders from supply chain manufacturers by about 10 percent .
Measures can also be expected to improve corporate governance. A debt control mechanism will be established, and corporate capital can be replenished by additional share offering and bringing in strategic investors. Mixed-ownership reform will be promoted.
Meng Xiangfeng Zhao Leji Zhao Kezhi
Member, Political Bureau, 18th and 19th CPC Central Committees