SASAC urged SOEs to spin off their subsidiary businesses to other companies that specialize in such sectors. For example, China Poly Group Corp, a real estate conglomerate, earlier this year spun off its 18.8 billion yuan (.85 billion) premium coal business to China National Coal Group.
SEOUL - With two days left for the historic third summit between the Democratic People's Republic of Korea (DPRK) and the Republic of Korea (ROK) on Friday, more eyes are put on the border village of Panmunjom, where DPRK top leader Kim Jong-un will cross the military demarcation line (MDL) to become the first DPRK leader to set foot on ROK soil since the Korean War ended in armistice in 1953.
SAN FRANCISCO - US leading electric vehicle maker Tesla Inc Wednesday recorded a quarterly net loss of 2 million, or .1 per share, and 2 million in operating loss, in 2019.
SEOUL - South Korea reported 74 new coronavirus infections on Monday, slightly lower than a day ago, according to the Korea Centers for Disease Control and Prevention.
SMEs also need strong technological support to ensure cybersecurity under telecommuting arrangements, said Lai, who, during the epidemic, has been advising companies on this "already-popular practice" in Western countries.
SHANGHAI -- Southwest China's Tibet autonomous region has issued 8.8 billion yuan (about .27 billion) worth of local government bonds on the Shanghai Stock Exchange, according to the bourse.
广西哪些人适合戴人工耳蜗
Russia last month demanded the United States cut its diplomatic staff in Russia by 755 people to 455 by Sept 1 and seized a US warehouse and a recreational compound in Moscow in retaliation for Washington's anti-Russian sanctions.
SANTIAGO - A vehicle from the Chinese brand King Long will become the first natural gas bus to join capital Santiago's public transport system, the Chilean Ministry of Transportation and Communications said Saturday.
SHANGHAI - The consumption in Shanghai reached 25.3 billion yuan (.5 billion) during the National Day holiday, a year-on-year increase of 10.2 percent, according to Shanghai municipal commission of commerce.
SHANGHAI -- Chinese travelers and businesses have expressed confidence in the development of the country's tourism industry, although it was hit hard by the coronavirus outbreak.