The new CMG center aims to produce news programs that resonate with local audiences and support the development of the greater bay area, said Shen Haixiong, president of the media group. The area is set as a national policy trying to replicate the success of other city clusters and promote the emergence of a regional powerhouse.
The new rules include giving national treatment to foreigners who have permanent residence in China or a Chinese "green card" if they establish technology companies.
The new policy means borrowers are likely to benefit from low interest rates for the foreseeable future.
The net interest margin (NIM) of the bank dropped by five basis points in the first half to 1.83 percent, compared with the same period of last year. This was mainly due to an increase in deposit costs.
The new guideline has extended the equal revenue distribution scheme and improved the refund sharing mechanism for excess VAT paid to alleviate local government's fiscal pressure.
The new enterprise will waive royalties on Imperial College London's forthcoming novel coronavirus vaccine in the United Kingdom and in low and middle-income countries. In those regions, VGH will charge "only modest cost-plus prices to sustain the enterprise's work", according to Imperial College London.
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The network can automatically collect, do real-time transmission and conduct analysis of the monitoring data. It will facilitate groundwater monitoring in some key areas including densely populated areas, major national engineering areas and subsidence areas.
The new round of financing, worth 0 million, comes just after the startup announced the signing of its Series C+ financing of around 0 million on July 20 with a group of investors including Aspex, Coatue, Hillhouse Capital Group and Sequoia China.
The new regulations, which took effect on July 1, replaced the decade-old policies that, among other things, demanded that a dealer who wants to sell cars must be authorized by a carmaker.
The network and expertise of Servier, which entered China four decades ago, will help local startups to further develop and distribute solutions domestically, and support them in exporting products to the international market, said David Guez, general manager of Servier's e-health department, WeHealth.