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The committee expected steel production to pick up in August as weather conditions improve and demand for steel rises, while the steel price is likely to face many uncertainties.

The company has been holding intensive training sessions for African entrepreneurs on e-commerce innovations in recent years－for example, its Global E-commerce Talent program for university teachers, which was launched by the company's business school in Rwanda last month. It was the first time the program had been offered in Africa.

The companies cover diverse sectors including energy, tourism, logistics, retail sales, information technology and construction.

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The combination of China's continued healthcare reforms and the government's focus on encouraging innovation, along with the company's robust plan to accelerate innovation in the country, will result in the availability of 10 of Takeda's innovative medicines in the coming years, including three for patients suffering from rare diseases.

The company has already made hydrogen fuel cell electric vehicles a new focus for its business as its first fuel cell model based on a dedicated electric vehicle platform is scheduled to debut in 2020. It also inked a deal with BMW AG last year to produce electric Mini-branded cars in China.

The cloud service has helped to facilitate Ping An's overall business in the past few years. According to the company, Ping An had 170 million financial customers in 2017, up from 80 million in 2013. The group's overall revenue increased to 890.8 billion yuan in 2017, up from 362.6 billion yuan in 2013.

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The commission will continue to address the difficulties of foreign firms in resuming work and production, so as to help them reach full capacity as soon as possible, he said, adding that the country will continue to shorten the negative list for market access and step up efforts in advancing major foreign-invested projects.

The company also saw an increase in research staff last year, from 992 in 2017 to 1,409, accounting for more than 51 percent of its entire employees.

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The company also recently released its domestically-developed high-safety nuclear power plant distributed control system platform, which is also known as the "central nervous system" of nuclear power plants that ensure nuclear projects' safety and stability and enables China to have a distributed control system with completely independent intellectual property rights.

The company also offered poor-quality cables produced by other enterprises in the name of Aokai. The other seven defendants participated in the process knowing the cables were problematic, it said.