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Regardless of sliding markets, the company has lined up HK million from Sony Corporation and JD as cornerstone investors, which accepted a six-month lockup in return for a large allocation.
Ren said there has been rising confidence among enterprises as the environment for business, innovation and investment in the country kept improving during the 13th Five-Year Plan (2016-2020) period.
Republic of Korea auth-orities said the move will be the "first step toward complete denuclearization on the peninsula" at a meeting of its National Security Commission.
Reindeer herders in an Oroqen village in Genhe county of the Inner Mongolia autonomous region are gradually losing their traditional nomadic lifestyle.[Photo provided to China Daily]
Reservoir projects with a capacity of less than 1 billion cubic meters or a dam lower than 70 meters are subject to approval by departments at the provincial level, according to a guideline released by the National Development and Reform Commission (NDRC).
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Ren said that a healthy and steady military relation between China and the US is in line with the common interests of the two countries, and it needs concerted efforts on both sides. "We urge the US to take concrete measures to correct the mistake and inject positive energy into the development of bilateral military relations," he said.
Regulations relaxed in Guangzhou, Shenzhen as experts call for other cities to take action
Related photos: President Xi on the ball when it comes to sport
Renren said the asset sale transaction is the most viable path to dispose of its Renren SNS business so the company can be geared for the next phase of growth.