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Competition in China's cutthroat bike rental sector has reached new heights, with key players announcing generous funding plans and deposit-exemption schemes that require solid financial backing.
Concurrent with the announcement of the business separation plan, the company also today announced the appointment of Dan Schulman to be President of PayPal, effective immediately, and CEO-designee of the standalone PayPal company following separation.
Companies with risky business expansion will be targeted and regulators will blacklist senior management for practices that violate regulations and laws, according to the statement.
Commerce Minister Zhong Shan said in his address on Thursday during the second video conference of trade ministers of the G20 economies that the members should strengthen unity and cooperation as they can release powerful signals of joint response and boost the confidence of the international community, and support both developing economies and the least developed countries.
Co-hosted by the China Council for the Promotion of International Trade (CCPIT) and China Chamber of International Commerce, the forum has attracted business professionals from different countries.
来源：资阳报