Last month, the Education Ministry and three other ministries jointly issued a similar guideline to regulate providers of after-school classes.
Large financial holding groups, as the central bank identified, generally have registered assets exceeding 500 billion yuan ( billion). The group's registered assets should account for at least 50 percent of the total asset holdings by their subsidiary financial institutions. The financial subsidiaries can offer various services including banking, insurance and fund management.
Last month, Starbucks launched its mobile order and pay services in an aim to help reduce long waits in the store. In the same month, it formed a new structure with two units: Retail and Digital Ventures, to further stimulate its digitalized operations to accelerate its growth.
Last year, 21 countries and regions launched 75 trade remedy investigations against exports of Chinese enterprises, the data showed.
Last year, Tuniu Corp, an online travel agency based in Nanjing, Jiangsu province, arranged overseas wedding photo shoots for 4,000 newly married couples. In the first quarter of this year, the company arranged wedding shoots for 1,500 couples in overseas destinations, a 50 percent year-on-year increase.
Last year, Jiangling Holdings sold 18,800 units of Landwind-branded cars, a sharp drop of 55 percent from 2017. The company had a full-year loss of 854 million yuan (1.37 million).
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Large-scale financing has happened continuously for companies such as Waymo and DiDi Chuxing's autopilot subsidiary.
Last week, 12 people were killed when a Fokker 100 operated by Kazakh carrier Bek Air crashed near Almaty after takeoff. In May, a Russian Sukhoi Superjet 100 aircraft caught fire as it made an emergency landing at Moscow's Sheremetyevo airport, killing 41 people.
Last year at AWS re:Invent AWS CEO Andy Jassy downplayed talk of a split, saying he would be “very surprised” if that ever happened. But there’s no question that antitrust experts and federal regulators are taking a closer look at the impact of Amazon’s power over the economy, and separating the two divisions would likely quiet those critics.
Last year, cross-border e-commerce contributed to 65.5 billion yuan (.3 billion), or about 28 percent, of all the online sales revenue in the city.