To qualify for a listing on the Shanghai bourse, a company needs to make profits of over 30 million yuan over the last three financial years. Youon posted net profits of 68 million yuan, 93 million yuan and 117 million yuan in 2014, 2015 and 2016 respectively. Ofo and Mobike have yet to post a profit.
To secure the final victory, Liu said the effort will focus on areas hit hard by poverty, and more attention will be paid to the "quality" rather than the "advance rate" of the effort.
To walk the path of peace, China will expand development through reform and innovation and learn from the advantages of other countries through opening-up, he said.
Today, with GeekWire, we’re launching the?Geeks Give Back?challenge. Already, 10 teams have raised nearly ,000, and CEOs like Alex Algard from WhitePages and Kevin Merritt from Socrata are matching their employees’ contributions.
To overcome this weakness, a national plan on internet-based poverty alleviation was issued in Oct which outlines five projects - broadband coverage, rural e-commerce, access to online education resources, information services and internet philanthropy.
To help protect the antelope, Sonam Darje established an ecological conservation institute in his home county of Zhidoi. He trekked into the backcountry of the reserve a dozen times for field surveys and patrols. He established China's first armed anti-poaching team and ferreted out eight gangs.
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To help small and medium-sized banks replenish capital through multiple channels and optimize their capital structure, China's top banking and insurance regulator said on May 27 it would relax rules for insurance funds to invest in banks' capital replenishment bonds. The China Banking and Insurance Regulatory Commission canceled requirements regarding issuer banks' assets and credit ratings, in addition to removing requirements that insurance funds only invest in tier-2 capital bonds with AAA credit ratings, and in perpetual bonds rated at least AA+.
To this end, he proposed to implement the G20 Digital Economy Development and Cooperation Initiative and the New Industrial Revolution Action Plan, both adopted at the Hangzhou summit.
To take the mathematics challenges or to miss a billion, Chinese internet users are arming themselves to the teeth to join the price battle on the upcoming e-commerce sales day — Nov 11, also known as Singles Day.
To offset domestic economic downside risks and external headwinds amid trade tensions, the PBOC has enacted four reductions of reserve requirement ratios for financial institutions this year, with the latest taking effect on Monday. The cuts have injected some 1.85 trillion yuan into the financial sector since April.