The financing comprised of a yuan denominated component supported by mostly existing shareholders, as well as a US-dollar tranche backed by a consortium of global investors, the company said in a statement on Friday.
The extended restrictions on entertainment venues are necessary to give the government time to further monitor and evaluate community transmission of COVID-19, Chan said.
The financial backing will "push Tmall's ability in local sourcing, procurement, supply chain management and delivery to a new height", said Jing Jie, vice-president of Alibaba, in a statement.
The event — organized by the Ministry of Foreign Affairs, Beijing Normal University and the government of Linyi, Shandong province — is seen as a warmup to the BRICS Summit in Xiamen, Fujian province, in September.
The film grossed nearly 24 million yuan on its 17th day of screening, with its total box office reaching 919 million yuan.
The file photo shows the signing ceremony of an implementation agreement regarding the Confucius Institute between Hanoi University in Vietnam and Guangxi Normal university in China on Dec 8, 2013. [Photo provided to China Daily]
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The extensive adoption of digital financial services in Africa has drawn the attention of Chinese microfinance players, who are now scouting the continent for partnerships that will help expand and deepen financial inclusion in developing countries.
The exact amount of funds involved is unknown at this time as the investigation is still under way.
The federation has released more than 60,000 pieces of recruitment information since late June, offering more than 1.1 million jobs, Cai Zhenhua, federation vice-chairman, said at a press conference held in Beijing on Thursday.
The female suspect, surnamed Ding, and her husband, surnamed Dong, had allegedly illegally collected deposits from the public by promising high interest rates since January 2013, the ministry said, without disclosing the exact amount of money involved.