The move is part of Migu's broader efforts to help upgrade important cultural events and to help accelerate the digital transformation of the move industry.
The modular buildings will be shipped from Jiangmen, southern Guangdong province, to ports in Tianjin via Guangzhou or Dongguan. After arriving in Tianjin, they will be transported to the site by road.
The more than 300 overseas warehouses have effectively helped trim cross-border logistics from 70 days to the current 10 working days, according to the company.
The move came after China Unicom announced plans to raise a total of 78 billion yuan from strategic investors such as Alibaba Group Holding Ltd and Tencent Holdings Ltd, as part of the mixed-ownership reform to rejuvenate the State-owned enterprise with private capital.
The move is the latest chapter in a remarkable Olympics-driven detente between the countries.
The monthly repatriation limit of 20 percent of its mainland assets for a QFII was also abolished under the new regulations.
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The move comes as an increasing number of Chinese companies seek to ride the boom in businesses driven by internet celebrities or wanghong.
The nation's top economic regulator has held a closed-door meeting with major banks to finalize a draft guideline aiming to lower small companies' borrowing costs, according to people familiar with the matter.
The move will protect the legal rights of patent holders and improve the mechanism for encouraging innovation, said a statement released after the meeting. It targets violators by increasing fines and compensation, and clarifies the responsibilities for online service providers. In the meantime, inventors and designers will receive a reasonable share of profits brought by patents they made when serving employers.
The move is the first time Unigroup has disclosed the price of the Linxens deal, making it the biggest-ever overseas acquisition the Beijing-based company has made since it entered the semiconductor sector six years ago.