The State-owned Assets Supervision and Administration Commission announced that Sinolight and CNACGC would be merged into China Poly Group Corp and become the latter's wholly owned subsidiaries last August, bringing the number of central SOEs down to 99, from 196 in 2003.
The Supreme People's Court said all the facts confirmed and evidence presented in the cases of the three rapes, two killings and attempted killing were clear and reliable, the sentencing was proper and the trial procedures were lawful. But it discovered there was new evidence that needed to be considered in the case involving Zhang.
The Shanghai Stock Exchange released the notice for the test run on Tuesday. The audit system will start operation officially from March 18, by which date it will deal with applications for the new board.
The Shanghai-based financial service provider has been promoting its mobile payment service via its app to rival Alipay and WeChat as more and more Chinese pay by their smartphones.
The Trump administration's ban on the manufacturing and sale of fruit-and mint-flavored e-cigarette cartridges that appeal to teenagers but allowing the continued sale of menthol and tobacco flavors has been criticized by public health groups and Democratic law makers.
The State Council pinpointed cross-border e-commerce as a new pillar for China's foreign trade sector as it rolled out measures to establish 46 new pilot zones to counter the blow dealt to world trade by novel coronavirus pneumonia.
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The State Council, China's cabinet, decided on Wednesday to set up a system for evaluating the business environment in China that is comparable internationally, aligned with World Bank standards and reflects Chinese features, with criteria covering areas of immediate concern to market entities, such as ease of opening a business, construction licensing, access to electricity and credit, paying taxes and the protection of intellectual property rights.
The Sino-US trade disputes are a new factor that the monetary authority should consider during the financial opening-up process, said Zhou Xiaochuan, chairman of the China Institute of Finance and former governor of the People's Bank of China.
The Shanghai FTZ, located in Pudong New Area in eastern Shanghai, consists of the Free Trade Areas, the Lujiazui Financial Subzone (including the Expo Area), the Jinqiao Development Subzone, and the Zhangjiang High-tech Zone. The Lin-gang Special Area was set up in August 2019.
The Trump administration has also taken unilateral actions and made threats on trade and investment with China, including laying out unreasonable demands that China should cut its trade deficit with the US by 0 billion each year for the next two years and stopping Chinese government subsidies to its industries. David Gergen, a professor at Harvard Kennedy School and an advisor to former US presidents, last week described Trump's behavior as "bullying China".