The pilot program will begin with three to five SOEs and two central financial institutions in several provinces this year. The program aims to make up for possible shortfalls in the nation's pension provisions and will be expanded in 2018 to involve more State-owned companies, the document said.
The plant, scheduled to be completed in three years, will cover 280,000 square meters. It will produce personal computers, servers and other smart electronic products, Lenovo said in a statement.
The percentage of swiping phones to pay for metro fares in Shanghai, Ningbo and Hangzhou hit 23 percent, 25 percent and 50 percent, respectively.
The premier attached great importance to such measures as reducing the rate of the value-added tax, increasing the tax exemption for research costs and reforming individual income tax.
The planning began about one year ago, and now the China Academy of Urban Planning & Design and five other institutions are working on improving Xiongan's general plan and the regulatory plan of its starting area.
The popularity of payment via scanning products or merchant barcodes with mobile phones has helped promote mobile payments.
曲靖五洲无痛人流
The planned investment is 3.67 billion yuan (about 4.35 million).
The pilot programs have contributed to the creation of 5.8 million job positions by new businesses founded by rural entrepreneurs, said Ha.
The platform, developed by Jinan-based Nova Fitness, is said to be the first of its kind to be used on China's roads.
The pig and chicken breeding industry will generally benefit from a price increase trend in the market, and big listed companies are expected to embrace the emergent business opportunities and realize more profits, said a research report from Huatai Securities.