The office will optimize its auditing teams accordingly, forming a uniform and efficient auditing mechanism, according to the plan on institutional restructuring of the State Council, or the cabinet, which was tabled to the first session of the 13th National People's Congress for deliberation.
The online money market fund, managed by Tianhong Asset Management Co., Ltd, a subsidiary of Alibaba's Ant Financial Services Group, saw its assets grow 6.9 percent in the first three months of 2018, the slowest Q1 expansion since its establishment in 2013.
The number of Chinese firms listed on the US exchanges has increased in recent years. As of Friday, the S&P US Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on US exchanges by total market cap, stood at 3,057.29, marking a 0.33-percent increase for the month-to-date returns and a 33.43-percent gain for the year-to-date returns.
The number of registered users at the cloud-based development platform launched by Tencent Cloud and WeChat has recently reached 560,000. Liu noted with the help of the platform, the human cost could be reduced by 50 percent and the usage cost of cloud resources can be reduced by 30 percent, based on data accumulated over the past year.
The nightly curfews will remain in effect through Sunday, with the city planning to lift it at the same time it enters the first phase of reopening after more than two months of shutdowns because of the coronavirus.
The number of invention patent applications increased to more than 131,700 in 2017 from about 52,800 in 2008, while the number of patent authorizations grew about 13.5 percent annually to more than 70,400 in 2017, according to the Shanghai Intellectual Property Administration.
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The ongoing fintech revolution in the world's second largest economy is motivating traditional financial service providers to actively pursue digitally-enabled business models to integrate financial services into existing e-commerce or social media platforms, which has actively broadened finance inclusion achievement, the report's conclusion showed.
The news emerged on Tuesday afternoon after the Coast Guard announced vice-commandant Admiral Charles Ray had tested positive for the virus and would be quarantining at home.
The offline consultant team offers services to elderly patients who are not familiar with the internet and explains to them how the platform works, it said.
The night view of Lujiazui area in Shanghai on May 10, 2018. [Photo by Wang Hao/China Daily]