Gao said the focus of the State-backed funds would remain financial.
Fuyao Glass employees work on an assembly line in Moraine, Ohio, the United States. [Photo/Agencies]
Gao made the remarks as an AmCham China report showed that China remains a high priority market for the majority of US companies surveyed, despite trade tensions.
GUIYANG -- China's leading liquor producer, Kweichow Moutai, said its net profit rise by 13.29 percent year-on-year to 22.6 billion yuan (about .2 billion) in the first half of 2020.
Furthermore, the ever-increasing numbers of Chinese fashion marketing and branding students studying globally bodes well for their continued success on the world stage.
GENEVA-Russia on Tuesday urged a United Nations nuclear disarmament forum to show its support for the "fragile" Iran nuclear accord by signing onto a statement, co-written by China, backing the deal.
西安近视手术有后遗症嘛
GUANGZHOU - At Area 15.1 of the sprawling Canton Fair in Guangzhou, the capital of southern China's Guangdong province, exhibitors from India, Pakistan and Turkey touted their wares to global buyers last fortnight.
Fu Liang, an independent analyst who has been following the telecom sector for more than 15 years, said China Unicom's move might encourage other SOEs to auction off their assets online, which is also an effective way to rein in corruption.
Fu added that the short-term stimulus such as the issuance of consumer coupons in major cities also drove the recovery of the consumer market.
GDP reached 19.88 trillion yuan (about .2 trillion) in the first three months of 2018, up 6.8 percent year-on-year at comparable prices, unchanged from the growth rate in the previous quarter, according to the National Bureau of Statistics (NBS).