Ren envisioned that central SOEs can cooperate with Hong Kong enterprises mainly in healthcare and medicine, aviation and logistics supply, and innovation and technology.
Republican House Foreign Affairs Committee Chairman Ed Royce said in a statement, "Today's action, using authority provided by Congress, is an important step by the administration. But more must be done."
Regulators will scrap a rule that limits the amount of funds that QFIIs can take out of the mainland every month at 20 percent of its mainland assets as of the end of the previous year.
Research shows the average age of Chinese visitors to the UK is younger than the average age of visitors from other countries, with half of Chinese visitors last year aged between 25 and 44. Phocuswright, a global market research company, estimates that 60 percent of international Chinese travelers are aged between 18 and 34.
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Renminbi internationalization promotes China's opening-up, said Zhou Xiaochuan, governor of the People's Bank of China.
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Regionally, the US tops the rank in numbers of enterprise with 588 companies, followed by China, 367, Japan, 217, the UK, 77 and Canada, 61. It is noteworthy, among the enterprises that fell, Boeing dropped from number 49 last year to 413.
Representatives of related regional organizations from Africa and international bodies will also participate in relevant activities, he added.
Resident buildings and offices are seen in Shenzhen, Guangdong province, Sept 6, 2019. [Photo/Agencies]
Republican congressman Jim Jordan, ranking member of the judiciary committee, said at the hearing that George Floyd's death was "as wrong as it could be," while condemning the rioters. He also said the "majority of" the law enforcement officers are good people and first responders.