Loob partnered with the two Chinese companies to form a joint venture entity Shanghai Loob Boduo Food and Beverage, which will see Loob emerge as the largest shareholder with a 51 percent stake.
Local governments' new bond issuance stood at 3 trillion yuan during the January-to-November period of 2019, and outstanding local government debt reached 21.3 trillion yuan at the end of November, below the debt ceiling of 24.1 trillion yuan, according to data from the Ministry of Finance.
Local tourism authorities should strengthen cooperation with health and disease control departments and send tourists with suspected symptoms to quarantine as soon as possible to prevent possible virus transmission, read the notice.
Local procuratorates need to focus on key problems according to their different conditions, rather than trying to correct everything all at once, said the SPP.
Local authorities activated an emergency response on Friday. So far, 88,000 residents have been relocated to safe places, and 45,000 residents are in urgent need of aid.
Localized models account for the majority of their sales in China. Total imported vehicles stood at 1.21 million in 2017, accounting for 4 percent of total cars sold in the country, according to statistics from the China Automobile Dealers Association. News agency Reuters reported that imports constituted only about 10 percent of the 600,000 or so cars that Audi sold in China last year.
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Local police said many nearby residential communities were affected by the explosion.
Local soil moisture is high due to the continuous rainy weather since late March, meteorological monitoring data showed.
Local residents visit Beijing's first car-sharing service station in Shijingshan district. [Photo by Shou Yiren/For China Daily]
Local residents dance at the International Grand Bazaar in Urumqi, capital of Xinjiang, in April. [Photo by Wang Jing/China Daily]