The credit rating mechanism for private enterprises will be improved to make it easier for them to get loans.
The current round of funding is led by Yunfeng Capital, a private equity firm co-founded by Alibaba Group Holding Ltd chairman Jack Ma. Existing investors, including Joy Capital, Morningside Ventures and Capital Today, also participated in the funding with TH Capital being the exclusive financial advisor.
The court found Zhang took advantage of various work positions, such as deputy director of the ministry's general office, assistant minister and vice-minister of finance, to take bribes from related departments and individuals from 1995 to 2018.
The day of Feb 7 saw the highest number of arrivals, with 226,874 arrivals recorded, up 22.6 percent year-on-year.
The county lost about 5,000 jobs last summer when construction was halted on two nuclear reactors. That ended a promised economic boon to the poor, rural county, according to the newspaper.
The data showed that over 101,600 village-level Party committees were found to be weak and slack, and that 91 percent of them have now been rectified.
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The cut of the reserve requirement ratio will take effect on Monday, lowering the RRR by 0.5 to 1 percentage points for a certain group of banks satisfying requirements for lending more to smaller businesses. A further cut of 1 percentage point will be prescribed for some joint stock commercial banks to encourage more credit into non-financial sectors, according to a statement from the People's Bank of China, the country's central bank.
The deal was finalized on Wednesday afternoon via teleconferencing and was attended by CSSC executives in Beijing, Hudong-Zhonghua Shipbuilding managers in Shanghai and leaders of Qatar Petroleum in Doha, capital of the Middle Eastern nation. Hudong-Zhonghua Shipbuilding said it will construct the "G4+Changhui" LNG carriers, which are capable of carrying 174,000 cubic meters of LNG and are characterized by their high speed, low fuel consumption and light weight.
The daily active users of Baidu App reached 222 million, up 28 percent year-on-year in March 2020. Baijiahao publisher accounts reached 3.0 million, up 44 percent compared with the previous year.
The current public bidding and procurement process usually only decides the drug price, but not the amount that is purchased. The ongoing drug bulk-buying program guarantees to some extent both drug quality and quantity, he explained.