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Li Qian, a senior manager with Golden Credit Rating International, said other new rules in the guideline will help to facilitate more swaps to take place. Expanding the range of debt types for which both banks and non-bank institutions are allowed to swap for equity will benefit more enterprises, and thus facilitate the lowering of leverage levels, she said.

Lenovo Group said its revenue and net profit in fiscal third quarter that ended on Dec 31 were .04 billion and 3 million, respectively, a 4.9 percent and 38.7 percent increase from a year earlier, above the market expected of .9 billion and 0.1 million.

Li Jin, deputy head of the China Enterprise Reform and Development Society, said Chinese companies' going global will not only bring advanced manufacturing capacity to the developing countries, but also promote local employment.

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Lenovo brought a slew of new products to CES — from the ,500 ThinkPad X1 Fold to the foldable Moto Razr, to the Yogo 5G PC and the silent Bluetooth mouse — to showcase its competence as a device-plus-cloud tech heavyweight.

Li Zhihong, secretary of the board of FAW-Volkswagen, said at the event: "FAW-Volkswagen fulfills its corporate social responsibility from the perspectives of environmental protection, disaster relief, care for children and traffic safety, playing a pioneering role in the practice of social responsibility by enterprises."

Li also noted there is a shortage worldwide for AI talents, no matter in the United States or China.

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Li calls for efforts to move forward with South China Sea code of conduct talks

Lhamo is one of many Tibet residents who have benefited from government training. Tibet has helped some 600,000 farmers and herdsmen find jobs in the service sector, a big change from their usual work, the region's department of human resources and social security said.

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Li Dong, the CEO of a Beijing pharmacy chain, said he intends to file an appeal after he was sentenced to 15 years in prison for selling phony 3M face masks by a Beijing court on Friday.

Li Wei, founder of Peiping Machine and former president of the Beijing Homebrewing Society, has witnessed the rapid growth of the Chinese craft beer market since he became engaged in the industry in 2012.