The move is part of the country's strategy to eradicate poverty through the use of targeted and precise relief measures.
The most earth-shattering news in the eyewear market recently is undoubtedly the merger announced in early 2017 between French lens maker Essilor and the Italian eyewear frame maker Luxottica-both the industry No 1 in their respective sectors.
The move came after Oppo has accumulated 250 million monthly active users of its smartphones in the world. Every month, more than 200 million users download apps from its software store and gaming distribution center.
The mixed-ownership reform is part of the Chinese's government's push to further rejuvenate State-owned enterprises with private capital, which is expected to provide a number of investment opportunities.
The moves announced on Friday are set to shore up strained bilateral ties ahead of Australian national polls, the agenda of which is expected to be announced this week, they said.
The more than 500 million consumers on Alibaba's platforms are upgrading their lifestyles and yearning for high-quality American products, resulting in a drastic increase in online shopping, with the majority of which conducted through mobile devices.
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The move was among a range of amendments recently made to 15 State regulations, signed by Premier Li Keqiang, according to a State Council notice released on Oct 23.
The most recent round of trade talks between China and the US, held last week in Washington, showed signs of easing tensions, Tang said, with "substantial progress made in the agricultural sector".
The movie's pre-release sales on the Chinese mainland surpassed 500 million yuan (.5 million) at 22:31, April 21, setting a new record in China's film history, data from the live box-office tracker Maoyan Professional Version showed.
The move is similar to plans announced by France and the United Kingdom to outlaw the sale of petrol and diesel cars and vans from 2040 and clamp down on harmful emissions.