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BEIJING, July 23 (Xinhua) -- Chinese President Xi Jinping has sent a congratulatory letter to the eighth national congress of the Chinese Young Pioneers (CYP), a national mass organization for Chinese children, which opened Thursday in Beijing.
Responding to a query about the order's claims at a daily press briefing, Foreign Ministry spokesperson Zhao Lijian said that according to reports, in its operations in the U.S., TikTok's middle and senior management personnel, including the chief executive officer, are all Americans. Its servers are in the U.S., data centers in the U.S. and Singapore, and teams all localized. The company hired 1,500 American employees and promised to create 10,000 jobs. Its audit policy and algorithm source code are open to the public.
The establishment of the public health and epidemic prevention committee was particularly important amid the current fight against the novel coronavirus pandemic, as the exhibitors believed.
The world is undergoing profound changes unseen in a century, which are being accelerated by the COVID-19 pandemic, Xi said.
Since 2018, Chinese authorities have given approval to foreign banks and insurers to set up nearly 100 institutions in China, said Zhou Liang, vice chairman of the China Banking and Insurance Regulatory Commission (CBIRC) at a forum during the CIFTIS.
来源：资阳报