In June, three former executives of Beijing Pangu Investment, another of Guo Wengui's companies, were sent to prison for fraudulently obtaining loans and foreign currency worth a combined 3.2 billion yuan by using fake materials, seals and contracts in Dalian, Liaoning province.
In December, Tianjin unveiled a three-year plan to boost the innovative development of seven AI-related industrial chains including independent and controllable information systems, smart security, big data, advanced communications, intelligent connected vehicles, industrial robots and intelligent terminals.
In June, central authorities issued a notice stating performers' pay must not exceed 40 percent of a production's total cost, and pay to leading cast members must be capped at 70 percent of total cast payments.
In IMF's assessment, in the absence of monetary stimulus, global growth would be lower by 0.5 percentage points in both 2019 and 2020. The IMF chief economist, however, noted that monetary policy cannot be the only game in town. "It should be coupled with fiscal support where fiscal space is available, and policy is not already too expansionary," she said.
In June, the company realized a contracted sales area of 4.89 million square meters, with a contracted sales amount of 66.39 billion yuan.
In China, once called a "bicycle kingdom", shared bikes have become the newest battlefield for global capital, with large amounts of investment flowing into the billing-on-time bike-rental mobile applications.
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In February 2015, Nian Bin was awarded 1.19 million yuan by the provincial high people's court.
In January 2015 he was placed under investigation for serious violations of Party discipline and in December 2016 he was expelled from the Party and removed from his post.
In December, it became the biggest shareholder in Sweden's Volvo AB, the world's second-largest truck maker, following a .9 billion deal with investor Cevian Capital AB.
In China, operators of PPP projects are encouraged to directly solicit money from the capital market, and social security funds and insurance premiums are allowed to invest in these projects.