The facility is expected to begin production in 2022 and will introduce Invista's latest ADN technology to China to satisfy local demand.
The executive said his company had just completed the main structure of its manufacturing plant and its opening is scheduled for the middle of 2021.
The family-owned turkey and pork company broke ground in spring 2017 in Eagle Grove, Iowa, to construct a pork processing plant in anticipation of exporting product to China.
The family of a 5-year-old boy who was killed in June by a glass window that fell from an apartment building in Shenzhen, Guangdong province, has received 2 million yuan (3,000) in compensation, according to a local media report.
The financial technology firm plans to list simultaneously on Shanghai's Nasdaq-style STAR Market and in Hong Kong.
The field of education is one area in which these reforms will be crucial, according to Professor Jiang Fuming, head of the School of Management at Curtin University, who explained to Xinhua that the impact of increased foreign investment in that particular sector will be immense.
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The experts suggested a proactive response for countries suffering from COVID-19 outbreaks.
The expected foreign capital inflows will likely help deepen as well as stabilize the Chinese capital market, besides fostering a mature and rational investment style among retail investors who have been shortsighted so far.
The film was one of 15 films in the International Competition section which were screened at the festival.
The film kicks off with an explosive set piece featuring the Chinese navy's eight-person Jiaolong assault team foiling a hijacking by Somali pirates, before following them in a covert mission to thwart dirty-bomb-building terrorists in the Middle East.