Property models on display at an industry expo in Huai'an, Jiangsu province, over the weekend. [Photo by Zhou Changguo/For China Daily]
Previously, IPOs were closely vetted by the government and the companies were required to show sustained profitability in order to list. The initial offer price was set low enough that almost all new issues rose above the initial price.
Private enterprises are looking to play a bigger role in making technological innovations and promoting green and sustainable development as part of a broader drive to achieve high-quality growth, business leaders said.
President Xi Jinping's visit to the South Asian country in April 2015 placed Gwadar Port and the economic corridor high on the agenda.
Professor Sachs compared Huawei's case to those of a large number of companies that have violated US sanctions against Iran and other countries.
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Professionals enjoy community areas in their exclusive serviced apartments in Jinqiao, Shanghai. [Xu Wanglin/for China Daily]
Profits of the sector expanded 9.4 percent year-on-year to 554.2 billion yuan in the first eight months.
Production in the county accounts for 40 percent of the national market, with 90 percent sold in Western countries and annual exports exceeding million, it said.
Private medical and healthcare institutions now account for 45 percent of overall healthcare organizations across the country, the meeting said, and the past several years has seen rapid development in rehabilitation services as well as healthcare through Traditional Chinese Medicine.