In 2017, Wang said he wanted to develop vehicles that could take advantage of electrification as a power source rather than the internal combustion engine that uses gasoline and other fuels. Working at Fiat Chrysler, he wanted to change the manufacturing process.
In 2016, Xi visited Xiaogang, Anhui province, and walked into the courtyard where, in 1978, 18 farmers signed a secret pact to divide communally owned farmland into family plots, lighting the flame for China's rural land reform. Xi chose that spot to say that reform is the only way out and that the word should repeatedly be injected with new meaning.
In 2017, the country's foreign exchange reserves had dropped to 2.998 trillion by the end of January, after which it rebounded by 4.3 percent or 9.4 billion during the whole year, showed the official data.
In Aug 2012, Zijin Mining's wholly owned overseas subsidiary acquired an 89.15-percent stake in Norton Gold Fields, becoming the first Chinese enterprise to successfully buy out a major gold mine overseas. In June 2015, Zijin Mining bought out the residual stake, thus making Norton Gold Fields its 100-percent subsidiary.
In August 2017, Huawei, one of the world's largest telecom equipment makers, launched its data center project in Guizhou to meet the firm's growing need for better cloud services.
In Beijing and Shanghai, we are building world-class scientific, technological and innovation centres.
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In April, the company announced plans to speed up its Prime free two-day shipping program to one-day delivery. However, at today’s event, Bezos made the case that “shorter delivery times end up being less carbon-intensive than longer delivery times,” according to USA Today reporter Nathan Bomey via Twitter. Bezos argued that greenhouse gas-intensive air transportation is not feasible for faster delivery. Amazon’s earlier Shipment Zero initiative pledged that half of its retail deliveries would be carbon neutral by 2030.
In Beijing, some 140 e-government service centers have adopted blockchain technology, which can reduce paper use by an average of 40 percent.
In April, the job market remained steady, with the surveyed unemployment rate in urban areas at 4.9 percent, 0.2 percentage point lower than that in March.
In 2019, Chinese tax authorities collected a total of 18.3 trillion yuan in taxes and fees, including 14 trillion yuan in tax revenue after deducting export tax rebates, up 1.8 percent year on year.