The government looks to the entrepreneurial spirit, which includes hard work, pursuing excellence, craftsmanship and innovation, serving society, to stimulate mass innovation and create a positive climate for enterprises, said the guideline.
The government has come under pressure to use the savings to extend JobKeeper to casual staff and so on who were excluded from scheme under its initial design.
The goal is to become the world's largest new energy car maker in three to five years, with the annual sales reaching 1 million units in five to 10 years. For the five years after the first 1 million units, the company said it hopes to produce 5 million units annually.
The four-day event is hosting various exhibitions, conferences and special events to show China's fast growing ICT market, attracting more than 400 organizations to the expo.
The fund will look for investment opportunities in areas including big data, artificial intelligence, information security, the Internet of Things, blockchain, social commerce and consumption upgrade. It will offer enterprise tech and fintech support for companies in the early stage and consumer tech support for those in the growth stage.
The four-story clay building that Lin, 66, shares with 77 others covers an area of 5,000 square meters, or nearly three quarters of a soccer field. It was built in 1912 by his grandfather's brothers.
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The government has also taken active measures to expand employment by improving job-seekers' skills and their capability to start their own businesses.
The government may want to warn chip manufacturers that they ought to abide by the rules, according to Wang.
The fund was set up by the Multilateral Cooperation Center for Development Finance. The center is a multilateral coordination mechanism jointly launched by the Ministry of Finance, Asian Development Bank, Asian Infrastructure Investment Bank and six other multilateral development institutions, including the World Bank Group and Inter-American Development Bank, in 2019.
The government should take a hard line against those who "deliberately make trouble and hold assemblies" at this critical stage of taming the outbreak, he said.