Funds affiliated with Blackstone, led by Stephen Schwarzman, are part of an investor group that agreed to pay .84 billion to buy Des Moines, Iowa-based Fidelity & Guaranty Life, the companies said in a statement on Wednesday.
GM is planning to introduce 20 new electric cars globally by 2023 and said it expects "a substantial share" of them to be sold in China, which has been the world's largest market for such cars since 2015.
GUANGZHOU - A smart security check system was put into operation Thursday at the Guangzhou Baiyun International Airport in South China's Guangdong province to speed up the security check process.
GDP density, or GDP per square kilometer, is a measure of economic activity by area and it reflects a place's economic density and vitality.
Gaming giants Microsoft Corp and Sony Corp have expanded their reach here after being banned before the China (Shanghai) Pilot Free Trade Zone was launched nearly four years ago.
Fu Jianhua, vice-minister of emergency management, arrived at Inner Mongolia at 22:00 pm on Saturday with a team to supervise the rescue and investigation work.
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Further afield, according to Zhang, they will inactivate non-performing stores and revamp big, efficient outlets and some self-operated ones in key cities, including Beijing, Hangzhou and Shenyang. As of the end of June, 48 stores were shuttered compared with the end of last year on the mainland and in Macao, according to its interim result.
Gan Mantang, a professor with Fuzhou University, said that people are flocking into flexible employment because of the burgeoning internet economy.
GAC New Energy Automobile showcases its Aion LX, the first electric SUV model equipped with ADiGO, in Shenzhen, Guangdong province on July 28. [Photo by Cao Yingying/China Daily]
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