MIIT data also showed China's mobile phone output shrank by 14.7 percent year-on-year in the first quarter.
Lyu added that it only takes two hours now to finish the inspection using the new system, while it used to take the linemen 20 days to do the same amount of work, an 80-time increase in efficiency.
Lu Dongfu, general manager of China Railway, said earlier that Chinese companies will do the best to build a modern high-speed railway for Indonesia.
Lu's remark is supported by market data. The latest figures from Zhaopin, a Beijing-based online platform offering recruitment services, show that manufacturing companies' demand for workers rose by 107.6 percent year-on-year in the third quarter.
Lynda A. Sánchez
Lu Zhenwang, CEO of Shanghai-based Wanqing Consultancy, said as car makers are increasingly intertwined with technology companies in the automobile sector, the key is who will have the final say in developing operating systems.
江苏中级工程师是什么
Luckin made the agreement without admitting or denying the regulator's allegations, the report said.
Lyons, who is also a director for Bank of China in London, was speaking at the launch of a Chinese investment report released by DealGlobe, which is based in Shanghai, and Hurun, known for publishing an annual rich list.
Lu used to be a member of the leading Party group and the head of the political department of the ministry.
MILAN, Italy - Italian and Chinese entrepreneurs, experts and officials Thursday gathered at the Milan stock exchange for a conference to discuss ways to seize opportunities from the China-proposed Belt and Road Initiative.