It is also building a bespoke electric car platform. Models built on the platform are expected to have a range of up to 600 km on one charge when they hit the market in 2020. By 2025, Hongqi will have 15 models of electric vehicle available on the market.
It looks forward to expanding cooperation with China in such areas as trade, investment, agriculture, tourism and infrastructure, he said, adding that it appreciates China's leadership on tackling climate change.
It is believed that 5,000 years ago, the ancestors of Nanchong began to plant mulberry trees, raise silkworms and weave silk fabric along the Jialing River. The city quickly became an important source of silk products along the ancient Silk Road.
It is considered important as the group can include those who are unemployed or too discouraged to search for work an extended period of time.
It is also expected to spur the upgrading of industries and ease the financing difficulties of small and medium-sized enterprises through IP financing, Chen said.
It is the first time the company has appointed a CEO for its business in China, as the country has become increasingly important to EF's business.
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It is unnecessary and improper to discuss Hong Kong independence in schools, Yeung said, especially at university inauguration ceremonies. The ceremonies, open to all students and symbolizing the commencement of new educational stages, are not proper occasions to speak about such advocacy, he said.
It is also driven by the need to reduce reliance on the US dollar and promote diversification of foreign exchange reserve assets.
It is reported that the Lao government expects as many as 90 hydropower plants to be in operation by 2020. As of the end of 2016, the Southeast Asian country had 40 operational hydropower plants with an installed generation capacity of 6300 mW.
It is necessary to bolster areas of weakness in railway construction in former revolutionary base areas, remote and border areas and poverty-stricken areas in the central and western regions, and speed up a number of major projects such as the Sichuan-Tibet railway to improve the current railway network, he said.