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Children and parents inside a tent at the Wuhan Natural History Museum in Wuhan, Hubei province, on Aug 15. [Photo by Shi Wei/For China Daily]
China Baowu has of late been steadily expanding its scale. In September 2019, it acquired Maanshan Iron and Steel Co Ltd (Magang) and in December it decided to become the actual controller of Chongqing Iron& Steel Co Ltd.
China "has not passed the buck but taken the initiative" in cutting excessive capacity, Li said.
Chen said Beijing will continue to cut taxes for small- and micro-enterprises as well as start-ups, in addition to about 18.8 billion yuan (.8 billion) of tax cuts in 2018.
Chen's book starts with a historical retrospect on the different impetuses driving growth worldwide, and pinpointed AI as the next engine that will revolutionize industries and power economic transformation. He has taken care to avoid technical jargon and keep the language straightforward and easy to comprehend.
来源：资阳报