The investment was accompanied by advanced management, know-how and global resources, energizing Spain's transport and logistics industry.
The latest decision follows a review that found the domestic industry would be harmed if anti-dumping duties were terminated.
The laozihao concept was first proposed at the beginning of the 1990s by the Ministry of Commerce. It now also confers the honor. There is no clear definition as to how historical a brand should be in order to be named as "time-honored".
The interpretation, by the Supreme People's Court and the Supreme People's Procuratorate, was the first document of its kind to ensure data protection for citizens personal information.
The jury deliberated for roughly eight hours over two days after more than a week of testimony in the trial's penalty phase during which they heard from Zhang's parents and brother, as well as her fiance. Zhang's family traveled to Peoria from their home in China for both the guilt and penalty phases of the trial.
The joint venture did its part in changing China's automotive history: it's the first time that an international brand partnered with a private carmaker.
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The key fields will include integrated circuitry, artificial intelligence and biomedicine, the government said.
The key tasks outlined at the meeting include promoting high-quality development, boosting technology innovation, consolidating the security and stability of industrial and supply chains and strengthening the domestic market's support for economic growth.
The landmark fundraising this time was led by global investment management firm Coatue Management, Tencent Holdings Ltd, Sequoia Capital and Yunfeng Capital, a private equity firm backed by Alibaba founder Jack Ma.
The joint liaison office opened in September for around-the-clock inter-Korean communications.