Xu also focused on improving efficiency. As a result, only 15 percent of new engines are rejected, compared with 35 percent previously. The length of the production cycle has been reduced by 30 percent, and costs have been cut by more than 10 percent.
Xinhua - Reuters
Xie Yaxuan, chief analyst of China Merchants Securities, said that the accounting scandal of Luckin Coffee has somehow led to the latest moves of the US government. But the intensified US-China trade friction is the more fundamental reason. The US has quite often resorted to trade and economic means to suppress China, he said.
Xu Gao, chief economist with China Everbright Securities, said as the government has intensified efforts to establish funds and provide more financial support for non-financial companies, current risks will not spark a major credit crisis.
Xiaomi Corp has also jumped onto the OLED TV bandwagon. It launched its first OLED TV under its Master series earlier this month, with the set featuring a 65-inch 4K panel and priced at 12,999 yuan.
Xiao Zheng refused to visit the tombs of his wife's family during Tomb-Sweeping Festival and viewed it a disgrace, as in the traditional patriarchal society it is the women's duty to pay a visit to tombs of the husband's family.
优化seo排名
Xie Maoxiang, a retired judge from Hengdong, Hunan province, has saved nearly 1,000 ruptured families during his 14 years of voluntary mediation. [Photo provided to chinadaily.com.cn]
Xiang Ligang, founder of the telecom website cctime, said the mounting pressure from foreign governments may harm Huawei's business to an extent, but Huawei can still achieve a relatively good performance next year as long as it maintains its technological edge over rivals.
Xiao said last year, the company phased out the energy-consuming and pollution-extensive skein dyeing workshop and expanded the cone dyeing output.
Xu Hongcai, assistant minister at the Ministry of Finance, said the country will cut taxes and fees on a larger scale this year.