Private equity funds will now be allowed to raise money via qualified wealth management products to take part in debt-for-equity swap programs for the first time, according to a statement issued by the National Development and Reform Commission. The move comes as debt to equity swaps financing demand remains high in the country.
Prithvi-II, the first ballistic missile developed under the country's prestigious Integrated Guided Missile Development Program, has the capability to carry over 500 kg of warheads with a strike range of 350 km. It uses advanced inertial guidance system with manoeuvring trajectory.
Private investment in China increased in November, supported by a series of policies to encourage private enterprises.
President sums up country’s success over past 40 years, charts major tasks in future at key gathering
Production in the mining and manufacturing industry slipped 0.7 percent in August from the previous month, while output in the services sector shrank 1.0 percent.
Proactive government support and big-ticket investments have helped shape a self-sustainable 5G environment in China, it added.
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Priced at 12,499 yuan, the Razr is equipped with a 2.7-inch quick-view touchscreen display on the front, and a 6.2-inch organic light-emitting diode, or OLED, foldable display on the inside of the phone.
Private companies are also encouraged to enter areas including oil and gas exploration and development, oil refining and sales and the construction of infrastructure for transport pipelines and storage facilities for oil and gas products.
Problems involving local Party committees and governments, political and legal organs and other related departments that fail to serve the campaign should also be seriously dealt with, according to the guideline.
Previously, disabled people had to go to ticket offices for such tickets.