To ease financial pressure on companies caused by the virus, China has temporarily lowered transportation costs for import and export companies, as part of efforts to fast-track production resumption and keep the foreign trade sector afloat.
To achieve the goal, the local government has provided special support for major national technology infrastructure in Nanjing, offered fund assistance and tax benefits to technology companies, and attracted in-demand talent by aiding them in housing, children's education, and obtaining household registration or hukou.
To break popular rumors about food safety circulating on the internet in recent years – such as fruits are dyed to look better or watermelons are injected with water to gain their weight – Chen said he conducted several experiments in a booth at the China International Exhibition Center in Beijing, which was broadcast live on social media platforms, including Weibo.
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To date, only a handful of Chinese players, including Alibaba Group Holding Ltd, Tencent Holdings Ltd and Huawei Technologies Co Ltd, have appeared as emerging forces in a market currently dominated by Western competitors led by Amazon.com Inc and Microsoft Corp, he said.
To effectively deal with them, the court established the mediation center to offer legal services, including translation and brochures on Chinese laws, to Myanmar litigants. Its efforts have seen more than 90 percent of disputes solved through mediation, the court said.
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To advance the market-based allocation of capital factors, the document said China will improve basic stock market mechanisms, accelerate the development of the bond market, increase the supply of effective financial services and expand financial opening-up.
To counter downward pressure on the economy, the Chinese government has rolled out large-scale tax breaks for small and micro firms and further reduced individual income tax.
To President Trump, every deal the US signed in the past is a bad deal if not the worst deal ever for the US. That is why the Trump administration has been whining and blaming almost every major trade partner for taking advantage of the US, despite the fact that the US has long been using its dominance in the global financial system, its economic power and military might to bully and coerce other nations, including its allies.
To catch up with the global AI leaders, 27 provincial-level regions in the country have announced plans to build AI industrial parks, while 18 regions have introduced new policies to promote AI-related industries.