Prices have plunged in recent weeks as demand for the commodity collapses owing to lockdowns and travel restrictions imposed worldwide to fight the virus.
Profits of the high-tech manufacturing sector rose 7.5 percent year-on-year from January to October, 1.2 percentage points higher than in the first nine months, according to the National Bureau of Statistics.
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Profits of the auto manufacturing sector rose 1.5 percent year on year to 308.48 billion yuan (about 45.3 billion U.S. dollars) from January to August, an improvement from the 5.9-percent drop seen in the January-July period, according to the China Association of Automobile Manufacturers, citing data from the National Bureau of Statistics.
President Xi chose Russia as the destination of his first trip abroad as head of state in March 2013.
Products of the CeraVe brand, including moisturizers, lotions and cleansers, will first be available on Alibaba's flagship e-commerce portal Tmall. The prices range from 45 yuan (.7) to 374 yuan. According to Chen Min, head of the active cosmetics division of L'Oreal in China, they have first reached the online channels as most consumers shop for such skincare products online.
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Private enterprises play a vital role in China's economic development, contributing 50 percent of fiscal revenue, 60 percent of GDP, 70 percent of technical innovation, 80 percent of urban employment, and 90 percent of total enterprises and newly-added employment, said Liu Shijin, a member of the National Committee of the Chinese People's Political Consultative Conference, at a press conference during this year's two sessions legislative meeting.
Probably the most timely and important measure is the phasing out of the employment permit requirement for Hong Kong people working on the mainland, said Kuo Waikeung. Kuo is a Hong Kongborn entrepreneur, operating a startup in Qianhai, a free trade zone in Shenzhen. Qianhai is the first area to implement the new policy.
Prior to the talks, Li held a red carpet ceremony to welcome Khan.
Private enterprises have become the core force in brand cultivation for China's advanced manufacturing, contributing 54 percent of the top 500 companies, the white paper said. State-owned enterprises account for 32 percent, while the remaining are joint venture enterprises.