He misappropriated funds of about 2.33 million yuan (0,000) during his employment from 2014 to 2016, about 1.68 million yuan (0,000) of which was embezzled by Xiu, the statement said.
He noted that the rise of an app like TikTok was inevitable. "When you look at the largest internet on the planet which is within China, and you look at the amount of money that's been invested in the venture capital market there over the last 20 years, which would total hundreds and hundreds and hundreds of billions of dollars, you look at the scale of the market," he explained.
He explained that companies in nearly all industrial sectors in China have been installing intelligent manufacturing and advanced industrial automation systems in recent years, which has increased electricity demand as they depend on power to develop and function.
He made the remarks at a recent event celebrating the establishment of the Zhongguancun Stainless and Special Alloy New Material Industry Technology Innovation Alliance, a non-profit organization jointly formed by 59 institutions and enterprises in stainless and special alloy sector, including research institutes, universities, raw material suppliers, stainless and special alloy product manufacturers, users and logistics companies.
He forecasts growth for the Asia-Pacific region of 0.6 percent and 0.7 percent, respectively, in the third and fourth quarters-up from a 2.8 percent contraction in the second quarter. He sees the region's economy shrinking 1.9 percent for the full year.
He further urged WTO members to unite to prevent the resurrection of 301 investigations and “lock this beast back into the cage” of the WTO rules.
排名竞价优化
He kicked off his five-day official visit to China on Friday. On Saturday, the 93-year-old leader toured Alibaba's headquarters in Hangzhou, Zhejiang province, and told Ma that his country wants to explore ways to collaborate further with Alibaba.
He has long been involved in joint projects with Renault, a key point given the fraught nature of Nissan's relationship with its partner in a three-way alliance with Mitsubishi Motors.
He hopes that the upcoming meeting will summarize the trilateral cooperation that has made progress in a wide range of fields so far, and explore how to further deepen trilateral cooperation in areas of common concern, including environmental protection, aging societies and personnel exchanges.
He called on both countries to combine development strategies, facilitate people-to-people exchanges as well as cultural, educational and tourism cooperation.