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The Smederevo steel mill, founded in 1913 and once labeled "the pride of Serbia," is the country's only steel mill. Facing difficulties in its operation, the plant was acquired by China's HeSteel Group for 46 million euros (51.6 million U.S. dollars) in April this year.
The new vision of development that we advocate is also about developing a sharing economy. The sharing economy is one of mass participation. Greater economic globalization and the spread of the Internet have provided a big stage and broad space for entrepreneurship and innovation by the people. Through mass entrepreneurship and innovation, we will combine the innovation activities of the elites with the grassroots, the on-line with the off-line, and companies with research institutes, so that individual efforts of numerous market players will lead to greater synergy for innovation-driven development. If we could make full use of the Internet to efficiently match the massive amounts of information about supply with that about demand, we could then bring about cooperation among and sharing of R&D and professional expertise and skills. The sharing economy is something that everyone can take part in and benefit from. It could unleash everyone's potential, facilitate reasonable income distribution, expand the middle income group, allow more people, in particular the young, to fulfill their dreams through hard work, and promote social equity and justice.
The two sides reviewed the results already achieved since the second meeting, and determined some new investment cooperation projects. They agreed to speed up the synergizing of the Belt and Road Initiative with the Eurasian Economic Union; give full play to the two sides' market advantages, resources, technology and talent; create more normative and favorable conditions; and jointly explore markets in third countries, the press release said.
BEIJING, June 8 (Xinhua) -- China on Wednesday again urged the Philippines to stop its arbitral proceedings and return to the right track of settling relevant disputes in the South China Sea through bilateral negotiation with China.
Though some companies performed poorly or were caught fabricating financial data, many of them clung on to their status through mergers and acquisitions or by becoming shells for other companies unwilling to go through the tortuous IPO pipeline.
来源：资阳报