The market has until now been dominated by Chinese brands, such as BYD, Roewe and BAIC Motor, and more startups are joining the race.
The legislation to be enacted by the Standing Committee of the NPC to safeguard national security aims to prevent, cease and punish acts and activities by an extremely small minority of people who seriously endanger national security, thereby protecting the vast majority of law-abiding citizens, a government spokesman said in a statement, stressing that the national security legislation will restore Hong Kong to a safe and stable place after having been hit with violent disruptions in the past year.
The listing has made five of its eight co-founders billionaires, Forbes said. According to Xiaomi's prospectus, Lei and co-founder Lin Bin hold more than 40 percent of the shares in Xiaomi, while more than 7,000 of its employees hold company shares or options. In April, Lei already got a bonus of .5 billion worth of company stock for his contributions to the company, one of the biggest executive bonuses in history.
The listing has made five of its eight co-founders billionaires, Forbes said. According to Xiaomi's prospectus, Lei and co-founder Lin Bin hold more than 40 percent of the shares in Xiaomi, while more than 7,000 of its employees hold company shares or options. In April, Lei already got a bonus of .5 billion worth of company stock for his contributions to the company, one of the biggest executive bonuses in history.
The maritime search and rescue center in Qingdao received a report at about 6:20 pm Wednesday, saying that a fishing boat with six crew members aboard went missing in the Jiaozhou Bay, said the Qingdao Municipal Ocean and Fisheries Administration.
The local legislators issued a statement calling for the suspension of Marine Corps Air Station Futenma's operations by the end of February next year to ease the concerns of local residents.
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The legislation now faces an uphill battle in the Senate and a possible veto by the White House.
The local government of ETown has issued 10 guidelines to support enterprises in 10 sectors, including medical care, food, housing, and transportation, to ensure the sustainable and healthy development of the regional economy while controlling the epidemic.
The magnitude-6.5 earthquake jolted Hualien on Tuesday, leaving 269 injured.
The local fire department and provincial mine rescue team have rushed to the scene to undertake the rescue. But as of Tuesday morning, the rescuers have found no signs of life with detecting equipment at the scene.