The central government has yet to publish a definition of zombie factories, "but there will be a definition. Local governments know very well which companies are poorly operating zombie factories-because they have been kept running with the help of local governments' special assistance. It is necessary to collect their names," said an official with the National Development and Reform Commission who declined to be identified.
The city will further promote technological innovation by deepening reform of technology-related systems, training top talent, furthering opening-up and developing major innovative clusters-the Zhongguancun Science City, Huairou Science City, Future Science City and the Beijing Economic-Technological Development Area, according to a Xinhua News Agency report in April.
The challenge for him now, however, is the integration of the Shell culture and that of Hengyuan. "To optimize, we have to extract and combine the two cultures and create a unique and competitive corporate culture of Hengyuan Refining," said Wang.
The city and its people have shown resilience after major incidents, including the SARS outbreak in 2003 and the "Occupy Central" movement in 2014, he said. Ma believes Hong Kong will soon recover from the economic recession.
The central government also is likely to continue to loosen restrictions on issuance of bonds to enable local governments to address their revenue shortfalls and relieve pressure on their already sizable funding gaps, according to Moody's.
The ceremony was held to mark the 11th anniversary of the 2007 summit in Pyongyang between then ROK President Roh Moo-hyun and then DPRK leader Kim Jong-il, the father of the current leader.
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The city is presently planning to set up an AI fund containing more than 100 billion yuan as well as 10 public platforms for AI innovation, six demonstration zones and 60 AI applications.
The centers have been portrayed as "concentration camps" with "violations of human rights" or "ethnic oppression" in the so-called Uygur Human Rights Policy Act of 2019 passed by the United States House of Representatives on Dec 3. Some foreign media also claimed that there were between 1 million to 2 million people at the centers.
The central bank confirmed that it will continue to offer fine-tuned responses as and when macroeconomic conditions change, and vowed to counterbalance cyclical volatility.
The center will adopt big data analysis to improve port management and provide tailor-made services for clients, according to Guo.