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The company, which is based in Milwaukee, Wisconsin, announced on Wednesday that it will partner with Qianjiang Motorcycle Co to make a motorcycle that will be more compact than its trademark model.

The company will launch an international road show at the beginning of December and list shares in US bourse on Dec 12, with a total initial public offering less than billion. It has obtained 10 times subscription intention from institutions, the report said citing people close to the deal.

The company's iQOO, a brand set up to target young users last February, rolled out the iQOO Neo 3, which comes with a super-fast display and a big battery with fast charging.

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The company's stocks dropped 4 percent in Shanghai on Friday morning on the heel of the news, while its shares in Hong Kong suspended trading.

The compilation of five-year plans involves all aspects of economic and social development and is closely related to people's work and life, so people from all sectors of society should be encouraged to offer advice by diverse means so that social expectations, the wisdom of the people, expert advice and experience at the grassroots level could be integrated into the plan, Xi said.

The company will open operations in several key cities and regions in 2018, with China projected to be the largest tourist source country for Airbnb by 2020.

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The company's earnings in China are partly driven by the stronger spending power of local consumers. Consumption power in lower-tier cities, in particular, has been revving up, according to Koay.

The company will also further strengthen cooperation with other domestic enterprises to jointly promote the construction of metallurgical engineering projects, he said.

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The company, which has been operating for more than 30 years, offered the prospective employees generous annual salary packages of up to 1 million yuan (5,000) that included stock options and sea-view apartments.

The company said some of the coverage of the issue?“has expressed a relatively narrow point of view,” pointing to this post on the topic as an example of a “wider perspective.”