The much-anticipated Shanghai-London Stock Connect seems to be the one bright spot amid the pall of gloom among the investor community in London over the United Kingdom's impending departure from the European Union.
The move marks the firm's latest move to fulfill its ambitious goal to pedal to 200 cities in 20 countries by the end of this year, as competition with its top rival, Mobike Technology Co Ltd, intensifies in the global market.
The move aims to protect the legitimate rights of consumers and trademark holders, safeguard and ensure a market that is equal and fair for all competitors, and provide an inviting environment for consumers and investors, the administration said in a statement.
The move comes given the technology's widespread use in people's lives, from unlocking smartphones to security checks for daily payments. This in turn sparked concerns over personal data security.
The narrow measure of the money supply (M1), which covers cash in circulation plus demand deposits, rose 1.5 percent year-on-year to 54.35 trillion yuan by the end of last month.
The most notable were probably the Flying Tigers, or officially known as the First American Volunteer Group of the Chinese Air Force. It was composed of US pilots recruited under the presidential authority and commanded by Claire Lee Chennault, known to Chinese as Chen Nade.
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The move signifies that the US government's proposal is losing support among crucial constituents, analysts said. They also said the proposal is expected to hinder US competitiveness in the global marketplace.
The move marks the first time for Honor to announce cooperation with a foreign company after it was sold by Huawei, and it could pave the way for more partnerships such as with the US chip giant Qualcomm Inc in the near future to solve Honor's supply issues, experts said.
The move is part of the nation's broader efforts to facilitate the global fight against the outbreak, and it comes as China's production capacity of crucial medical supplies is rapidly rising.
The most active crude oil contract for September 2020 delivery was down 6 yuan (86 US cents) to close at 279.7 yuan a barrel.