The first two rounds of reform covered 19 SOEs, including China State Shipbuilding Corp and China Unicom. These are gradually implementing restructuring programs and more than a third of them have completed most of their reforms, including introducing new investors, boosting corporate governance and setting up new internal incentive mechanisms.
The first quarter results showed the increased efficiency of many SOEs. Cost per 100 yuan of revenue decreased 0.1 yuan for central SOEs, while productivity per worker increased 9.2 percent. Per capita profit surged 23.5 percent, reflecting more efficient use of human resources.
The first of its kind in the country, the restaurant uses robots designed to look like turtles to deliver meals to diners who place their orders through iPads.
The first stop for Abe will be Spain, where he is scheduled to meet with both Prime Minister Pedro Sanchez and King Felipe VI before heading to France on Wednesday.
The first parliamentary election in the post-Taliban Afghanistan was held in 2005 while the second parliamentary polls took place in 2010.
The five-year term of the newly-elected president shall commence on Jan 16, 2021, it said.
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The first thing I did on June 25, when I met the environmental inspection team that was checking for discolored, malodorous water in Yulin, Shaanxi province, was join a patrol of a river the local government claimed to have cleaned up.
The findings, jointly compiled by Guangdong provincial information office, the Research Center of State-owned Assets Supervision and Administration Commission and Guanghua School of Management of Peking University, were published on Wednesday at the 21st Century Maritime Silk Road Forum on International Communication and Chinese (Guangdong) Companies Going Global in Zhuhai.
The fire broke out Wednesday in a forest in Chenbaerhu banner, Hulunbuir city, and had spread across some 8,400 hectares as of Saturday morning.
The firm opened its first 5,000-square-meter flagship store in Nanjing in October last year. In September, Yoho! opened a smaller-scale physical store named Blu in Shanghai. This chain, with stores of 150 to 500 square meters, aims to sell more affordable streetwear.