Under the system, enterprises are assigned emissions quotas, and those producing more than their share of emissions are allowed to buy unused quotas on the market from those that cause less pollution.
Under the partnership China Electronics Corp has spent 3.73 billion yuan (8 million) buying a 22.59 percent stake in Qi An Xin Group, becoming its second-largest shareholder.
Under the reform, the PBOC has improved the formation mechanism of the loan prime rate (LPR) - the price of loans banks offer their best clients - and use the LPR as the reference rate for business and household loans. The earlier reference rate, the one-year benchmark lending rate, will be replaced in the future.
Under the ecosystem, virtual banks will be in a network with several partners from other sectors so that its customers will be able to enjoy special services or discounts when they use their partners’ services, such as in restaurants or shopping malls. “Actually, looking at the shareholders behind the eight virtual banks, you can find many of them can bring new elements to the banks,” Lee added. For instance, ZA Bank is owned by mainland online insurer ZhongAn Online P&C Insurance and Sinolink Group. Meanwhile, ZhongAn is teaming up with Fubon Life Insurance to branch out into digital insurance after obtaining a digital-only insurer license from the Hong Kong Insurance Authority.
Under my thumb, and control
Under the agreement between China and overseas giant panda hosts, panda cubs born to parents on loan must be returned to China when they are two years old.
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Under government orders, companies and public offices opened an hour later than usual to alleviate a traffic jam during a morning rush hour. The local bourse also opened an hour later.
Under the CPC's leadership, China is becoming ever more confident in the international market, shifting its role from merely a participant to an active builder of globalization by pushing for the establishment and development of multilateral institutions, he said.
United States-based home-sharing service provider Airbnb China announced an investment of million to support Chinese hosts during the local tourism industry's recovery period in the coming years. The company has set up a special work group to monitor the situation and prioritize the safety of its community of hosts, guests and employees.
Under the crackdown, instances of telephone and online fraud has this year seen a reduction.