Lin Xinqi, a professor at Renmin University of China, said the move was in line with economic and social development needs and would be very conducive to establishing employment norms in the new sectors.
Liu Shaojun, a former carpenter in Jiangxi, is well known for his rolling restaurant.
Liu reaffirmed that the central government of China firmly supports the Hong Kong Special Administrative Region in quelling unrest in the city. He made the remarks at a news conference at China's embassy in London on Thursday.
Liu Min, a researcher with the Gansu Academy of Social Sciences said, "Under this system, conflicts can be effectively resolved and people can have a face-to-face talk with their team leaders."
Liu Qiangdong, CEO of JD.com Inc, one of China's largest e-commerce players, took up his new post as the honorary director of Pingshitou village in North China's Hebei province, one of the internet giant's gestures for poverty-relief.
Liquor stocks led the increase with Beijing Shunxin Agriculture Co Ltd and Anhui Golden Seed Winery Co Ltd both climbing by 7.7 percent. Hebei Hengshui Laobaigan Liquor Co Ltd and Xinjiang Yilite Industry Co Ltd both increased by more than 6 percent.
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Liu said the Joint Declaration that was signed by the Chinese government was a promise to the world. China's commitment to the "one country, two systems" arrangement is unwavering, he said, and Hong Kong's basic system will remain unchanged for 50 years after 1997. But the declaration itselfhas "completed its mission",he explained and was spent when Britain returned Hong Kong to China and China resumed its sovereignty. He said Britain now has "no right to claim" from the document.
Liu emphasized the importance of private enterprises and added that the government will support these companies' development in many innovative ways such as enhancing the inclusiveness of the growth enterprise market, encouraging diversified asset management institutions to raise funds in a more market-oriented way, and exploring mature credit enhancement tools to solve problems of bonds issuing for private companies especially the listed ones.
Liu Jingzhen, president of Sinopharm, said that currently, the batch output of the workshop at the Beijing Institute surpassed 3 million doses, and after the mass production started on May 30, the yearly output can reach 100 million to 120 million doses.
Liu also noted that the country will also kick off pilot programs of autonomous driving in Beijing and Shanghai, as well as Xiongan New Area in Hebei province to promote the application of technologies such as 5G communication and the homegrown Beidou navigation satellite system as well.