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Liu and his family have constantly appealed since then.

Liu said that Huawei has made significant contributions to the British economy since it opened its first UK office 16 years ago. Huawei has worked as a major supplier for UK mobile network operators since it clinched its first contract with BT in 2005. Between 2013 and 2017 the company invested or procured more than 2 billion pounds (.54 billion) in the UK, and last year the company pledged to spend a further 3 billion pounds on British technology and services over a five-year period.

Liu is suspected of the crimes of undermining elections and accepting bribes. His case will be further investigated in accordance with the law, it said.

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Liquidity injection has reduced the interest rate level in the money market. But banks' actual lending rates for companies, especially the small and private ones, have hardly changed.

Liu Shiyu, chairman of the China Securities Regulatory Commission, said that the current capital market in China is not fully adaptable to a registration-based IPO system and the existing market system requires further improvement.

Liu Yuxi, head of the Chinese Mission to the African Union, and Amira Elfadil, the African Union commissioner for social affairs, delivered speeches at the ceremony to representatives and diplomats from the AU and various African countries.

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Liu has witnessed the number of cameras installed in a single phone increase from only one to four or five and the resolution from two megapixels to 48 megapixels nowadays, which made him realize that the demand for high-quality products may help boost the sustainable growth of the market.

Liu from Lenovo said the company aims to offer full-cycle intelligent services, including research and development, production, supply chain management, sales and after-sales activities.

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Liu said these moves will help CRRC better confront the challenges from foreign rivals, as a number of major mergers and acquisitions have occurred in the global rail transit equipment industry, and the market concentration rate has significantly risen since 2015.

Liu Ying, an expert at the Beijing Transport Institute, said road transportation currently accounts for more than 80 percent of the cargo in the capital, and the current proportion of cargo transported by train is similar to that in major cities around the world.