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That has led to a sharp drop of its stock price on Wednesday after the report was released. The group explained that one major reason was due to the rising renminbi and that the group's income generated abroad was mainly cashed in US dollars.

Tencent reported earlier that the cornerstone investors are obliged to invest at least million each, and that their investment comes with an "unduly long" lock-up period－in which they cannot sell on the shares－as smaller institutional investors are advised to take a lock-up period of up to two years.

Thanks to its continued efforts to open up wider, China attracted a record high foreign direct investment of 8.3 billion last year, bucking a global trend of FDI slide. In the first five months of this year, the country saw FDI inflows of .6 billion, up 3.7 percent year-on-year.

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Thankfully, the government is helping secure the labor rights of people in flexible employment, such as food deliverymen and Didi drivers.

That is the theme of a major nationwide advertising campaign of the Australia China Business Council, or ACBC, in support of China in its fight against the novel coronavirus.

Ten campsites have been set up and 30 more are under construction, with over 1 billion yuan invested, she said.

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That limit has been temporarily removed. Employers can help foreign workers apply online before the expiration date.

That is because Cyberport can play a key role in connecting the two countries. In September, Cyberport′s chairman, Lee George Lam, participated in a symposium organized by the Hong Kong Trade Development Council in Los Angeles.

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Thanks to efforts in recent years, we have significantly cut the time required for opening a business in our country. But it still takes 22 days on national average, whereas it takes maybe less than a day in a developed country. And it takes even longer for one to get a project permit in China. So with regulatory streamlining and further tax and fee cuts, we are making profound adjustments to government functions. This is like moving the government's own cheese.

Thanks to higher incomes and better transport facilities, more and more Chinese people opted to travel during the Spring Festival holiday.