The government vowed to coordinate efforts and policies to stabilize employment, finance, foreign trade, foreign investment, investment and expectations at a meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee last month.
The four companies were recruited to an "AI national team" last year by the central government to have them each focus on specific fields including smart city administration, medical diagnosis, autonomous driving and voice recognition.
The good thing is that European leaders are rejecting a dangerous new Cold War and the decoupling peddled by US officials.
The government is still launching policies to boost the consumption of automobiles and home appliances, as well as the consumption in other industries. Furthermore, if China accelerates the implementation of reforms of the household registration system to allow more migrant workers to have urban household status, the government will encourage these people to make greater contribution to the local economy in terms of consumption, he said.
The government is now in the process of restoring damaged electric lines and roads, he added.
The framework was signed during the 5th Pharmaceutical Enterprises Ethical Business Practices China Forum on July 6, which has been held almost annually since 2013 to promote industry self-discipline, initiated by the research and development-based Pharmaceutical Association Committee under the China Association of Enterprises with Foreign Investment.
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The four-day CES 2018 has come to an end in Las Vegas.
The government must also respect enterprises and entrepreneurs and let them be the final judge of the local business environment, Shen said at a press conference held in Beijing.
The global index compiler said in a latest report that 11 percent of Chinese companies scored higher on ESG criteria over the past year. [Photo/IC]
The government will allocate HK billion on the first phase of the Hong Kong-Shenzhen Innovation and Technology Park in the Lok Ma Chau Loop and inject HK billion into the Innovation and Technology Fund to support research and development.