The acquisition of Norwood, Massachusetts-based Xcerra by Hubei Xinyan was seen as a key test of the ability of Chinese firms to acquire US technology assets, because the company does not manufacture chips itself. Instead, it provides testing equipment used in the production of semiconductors.
The Yangtze River Economic Belt consists of nine provinces and two municipalities that cover roughly one-fifth of China's land. It has a population of 600 million and generates more than 40 percent of the country's GDP.
The accident, which also injured seven passers-by, happened at 7:05 pm on July 30 when Chen, the driver, lost control of the vehicle while crossing the intersection of Jingzhou Road and Wen'erxi Road in Xihu district.
The accident happened at about 11:40 am when construction in the Shenzhen Sports Center that was being dismantled collapsed, trapping four workers, according to the government of Shenzhen's Futian district.
The added value of the sports industry currently accounts for around 1 percent of the country's GDP, far lower than the 2 to 3 percent in developed countries according to a report by Beijing Business Today. But with the current growth rate, the scale of the sports industry is expected to exceed 5 trillion yuan (6.16 billion), reaching huge market potential in sporting goods and equipment.
The World Health Organization, the Coalition for Epidemic Preparedness Innovations (CEPI) and international vaccine alliance organization Gavi have launched a global initiative COVAX to give participating countries equal access to COVID-19 vaccines.
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The Wall Street firms have pushed beyond highly rated, easy-to-trade debt and other traditional insurance investments. Athene has invested in credit funds and lending operations and the company's chief executive officer, Jim Belardi, said this month that the investment strategy is to "underwrite complexity, structure and liquidity risk".
The adjustment in the administrative procedure has become an urgent issue, which means employing multigovernance instead of merely making decisions on individual issues, said Liu Yungang, a professor at Sun Yat-sen University's School of Geography and Planning.
The WTO is for the good of the public, not a tool for meeting the needs of particular members, said Zhang Xiangchen, China's ambassador to the WTO. The reform has to stick to "the principle of nondiscrimination and adopt a democratic approach", he was quoted by Xinhua News Agency as saying.
The World Trade Organization (WTO) headquarters are seen in Geneva on April 12. [Photo/VCG]