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China's internet search giant Baidu Inc announced Friday that Lu Qi will no longer serve as chief operating officer of the company starting in July 2018 due to personal and family reasons, but he will continue to serve as vice-chairman of the board of directors.
China's local brands are also working to extend their range of electric vehicles to appeal to a broader market. Geely Auto, Xiaopeng and Shanghai Automotive Industries Corp displayed models all promising more than 500 kilometers on one charge.
China's financial supervision needs to keep pace with new changes and phenomena in the sector, and supervision rules must be updated in a timely manner, Guo said.
China's economy is to maintain sound momentum of development, and China and the United States enjoy broad prospects in economic and trade cooperation, said Xi, urging the two sides to grasp the opportunity.
China's financial sector has also made a landmark move as Bank of Beijing agreed to set up a joint venture with ING Bank NV, a wholly owned subsidiary of Dutch multinational banking and financial services provider ING Group in late March, with the latter as the controlling shareholder.
来源：资阳报