Under the agreement, all parties will leverage their investment, knowledge and technology strengths to ensure the R&D center fulfills its goals.
Ulrich highlighted the role of consumption in sustaining the growth, especially a rapidly growing retail market and the Internet finance sector. "China's internet finance sector will likely develop into a market worth 460 billion yuan (.79 billion) by 2020."
Under the agreement, the economic and information departments of the local governments have agreed to jointly design a series of standards for smart traffic lights, 5G base stations, protocols for communication, high-resolution road maps, and traffic management platforms.
Under the current rules, where a joint-equity or wholly owned insurance company which has been established with a minimum registered capital of 200 million yuan, applies for the first time for the establishment of a branch in every other province, autonomous region, or municipality outside its base, it shall increase the registered capital by no less than 20 million yuan.
Unlike the previous investigation of the bribery cases, in Zhang's case, to gain cooperation with the investigation, the briber was detained by the local authority in accordance with the law.
University students in Northwest China's Gansu province took wedding photos for their upcoming graduation.
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Under the 100-day plan, imported crops will only be used as raw materials, and none are permitted to be grown in China, according to Wu Kongming, vice-president of Chinese Academy of Agricultural Sciences.
Unit: 10,000 people; blue bar for "new entrepreneurs"; red bar for "jobs offered by new entrepreneurs")
Under China's lottery management rules, money from lottery ticket sales is used for administrative expenses, public welfare projects and prize money.
Unfortunately, the scientists said that there is still a 50 percent chance of a magnitude 7 to 7.5 quake hitting Fukushima within the coming 30 years. The likelihood of such a quake is up 40 percent since the previous report in 2011.