Sun Qian, CEO of Shenzhen Warm Mountain Cultural Media Co Ltd, an entrepreneur who had mortgaged his luxury flat several times for keeping his business afloat, welcomed the move. "The new rule will protect law-abiding businesses. It is a thorny path to start a business, as most of the startups are in financial trouble. I feel much safer now to operate my business in Shenzhen especially after the rule comes into effect."
Sun Lijian, professor of economics at Fudan University, said Shanghai's lowering of its growth target demonstrates its strategic pursuit of a high-quality development model as the city places greater value on the quality of growth rather than speed.
Sun Ruizhe, director of the China National Textile and Apparel Council, was also positive about the future of biomass materials, saying that green textile products have become the new trend in the textile industry. Textile producers should develop environmentally friendly textile materials and make the whole production process pollution free, he said .
Swiss medical enterprise Roche Diagnostics has also launched its laboratory automation solution in China. With an intelligent information management system, automated laboratories increase testing efficiency and optimize test process.
Sun Dahai, deputy secretary-general of the Communist Party of China Hainan Provincial Committee, said the central government has issued seven plans to support the construction of the Hainan FTZ.
Sun Weiting, chairman of the company, said that Huafu would open small factories in the villages, to attract laborers and help poor residents escape poverty.
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Surveyed enterprises' average R&D expenditure witnessed an average increase of 15.4 percent from 2015 to 2017, hitting 10.77 million yuan (.54 million) in 2017, data showed.
Swiss bank UBS Group increased its share holding in its China securities joint venture to 51 percent in 2018. In March, US bank JPMorgan and Japanese financial group Nomura also gained regulatory approval to own a majority stake in their securities venture in China.
Syngenta showcased its latest innovation and technology in biotechnology, crop protection and seeds in its vegetable seeds research and development farm in Beijing this September.
TOKYO - An elementary school girl and a man in his 30s have been pronounced dead after a stabbing rampage close to Japan's capital city of Tokyo on Tuesday morning, which also saw the suspect die of a self-inflicted injury, local police said.