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Zhang Ying, employment promotion director of the Ministry of Human Resources and Social Security, said at a news conference in Beijing earlier in January that progress in stabilizing the job market is a result of both supportive policies and sound economic development.

ZTE accounts for about 10 percent of the global telecom equipment market, and 30 percent of the Chinese telecom market. ZTE currently has equipment in stock for one or two months, which leaves a time frame for negotiations. The matter needs to be properly handled as soon as possible, China International Capital Corp Ltd added.

ZTE is a major international provider of telecommunications gears, competing with Huawei, Ericsson and Nokia for clients such as mobile operators. Huawei, also a Chinese company, has similar offices in Europe that allow source code reviews on its products. Source codes, the fundamental component of softwares, are the "crown jewel" intellectual property of the information technology industry.

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Zhang Yanzhi, 44, founder of Xige Estate in Ningxia Hui autonomous region, halted wine production for two months due to the pandemic, with full output resuming in June.

Zeng Gang, director of banking research at the Chinese Academy of Social Sciences' Institute of Finance and Banking, told China Daily that the planned measures would allow more foreign capital into the domestic bond market, while encouraging more Qualified Domestic Institutional Investor funds to invest in overseas bond markets.

ZTE and Huawei, another Chinese telecom-equipment giant, have been successful in other parts of the world, but they have long been the target of some US lawmakers and politicians, who described the Chinese companies as posing a threat to US national security.

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Zhang Yansheng, a senior researcher with the China Center for International Economic Exchanges, said since the introduction of reform and opening-up, China has been ramping up efforts to liberalize market access for foreign companies, and significantly improve the country's investment environment.

Zhang Chengyu, deputy general manager of Dishang Group Co Ltd, an apparel company based in Shandong province, said the company has exported protective gowns worth million to more than 20 countries and regions, with more than 0 million of the product exports already shipped.

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Zhang Jiehui is a deputy director of the Standing Committee of the Hebei Provincial People's Congress, said the CCDI on its website.

Zhang Yanzhi, 44, founder of Xige Estate in Ningxia Hui autonomous region, halted wine production for two months due to the pandemic, with full output resuming in June.