Hu also said the leading firms should strengthen capacity for innovation, promote the transformation of scientific research achievements, and help farmers apply new varieties and technologies.
Hu Yijian, a tax professor at Shanghai University of Finance and Economics, said that China's tax policies have had a substantial impact, as shown by the scale of the tax cuts and the strong rebound of the economy in the first quarter.
However, the link-up came with a sting in the tail. The group's partners landed themselves in financial hot water and could not cough up the funds for the intended projects, forcing the Pangs to buy back the controlling stake. It changed its name to AAIH in November, 2016.
Hu Yan, special assistant to the chairman of Crown Name Disposable Hygiene Products Fty Ltd, a Wuhan-based medical supplies manufacturer, said Customs authorities had carried out a series of inspection requirements recently to ensure the quality of medical products exported overseas. As the government had been frequently adjusting and raising its inspection standards, the company had changed its export packaging several times.
However, in the initial draft released by the congress in January to solicit public opinion, it was proposed that smoking should be banned in all indoor public places, indoor workplaces and public transport vehicles.
Hu Chi, a fellow at the research institute of the SASAC, said mixed-ownership reforms will help diversify the equity structure of SOEs and modernize their administration and operations. The new fund will facilitate reforms as it can efficiently meet the investment needed for various purposes like debt repayment.
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However, the association noted that uncertainties brought by the global COVID-19 situation remain and overseas market demand has yet to recover. It advised companies to monitor the changes in the domestic market and make adjustments accordingly.
However, the end of the talks has fueled fears of a further increase in violence across Afghanistan.
Huang Feng, a law professor from Beijing Normal University, said Chinese fugitives will pose a serious risk to local public security, and if US law enforcement officers are aware of their crimes, they won't allow foreign suspects to stay in the country.
However, the sector has been hit by weakened demand as auto sales dropped by 9.7 percent year-on-year to 14.55 million units in the first eight months of this year. Sales of new energy vehicles reached 596,000 during the period, down 26.4 percent year-on-year, according to the China Association of Automobile Manufacturers.