Zhang, 54, came under scrutiny after Liu, who has interests in 26 companies, took a business associate to court for alleged extortion. In a court hearing on April 30, the business partner, Yi Zhenwu, said Liu owed him about 22.6 million yuan (.2 million) from a hotel construction contract. To force Liu to pay up, Yi said he secretly recorded videos of Zhang gambling on mahjong and audio of Liu boasting how he manipulated the stock market and gamed government subsidies.
Zhejiang Jingsheng Mechanical and Electrical, a giant in the photovoltaic industry, forecast its net profit to surge between 70 percent and 100 percent year on year in the first six months, due to rising outlays on research and development.
Zhang stressed that China has moved ahead with its plan to lift its people out of poverty despite the impacts of the coronavirus pandemic.
Zhang said: "We firmly oppose any country taking China's position of a developing country to make a fuss and resolutely oppose any country trying to take advantage of the positioning issue to create obstacles to development for developing countries, even deprive the rights of developing countries," he said.
Zhao estimated that his system of creating organic fertilizer recycles 90 percent of the solid waste created in the countryside.
Zhao Di, chief representative of Thailand-based WHA Industrial Park in China, said it tried out new methods to attract Chinese companies. For instance, it helped them to design a global strategy, settle down in Thailand quickly, recommended local clients and helped them to establish contact with local raw material suppliers. All these measures helped increase the conveniences for Chinese capital seeking to enter the Thai market.
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Zhong said the Beijing outbreak "tells us the virus may be able to survive in a wet and cold environment".
Zheng said the tombs were discovered when his team examined the site of a shantytown makeover project.
Zhang said other new business lines has also been gaining traction, with cloud computing transforming from an infrastructure provider to an application-enhanced service.
Zhongshan, which neighbors Guangzhou, Guangdong's capital, has been one of China's pioneering cities in embracing reform and opening-up. It thrived on labor-intensive industries, but recent rising labor shortages and costs have become a real threat.