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Du noted that his firm spends approximately 14 percent of its revenue on R&D annually in order to stay internationally competitive.
Due to the COVID-19 shocks, China will take countercyclical measures, keeping liquidity at a reasonably ample level and sustaining proper growth of money and credit supply. Targeted measures will support companies affected by the virus by offering sufficient capital, he said.
During a regular daily news conference in Beijing, ministry spokesman Lu Kang stressed that the central government extends its full support to the chief executive and appreciates the performance of Lam and the SAR government.
Due to the relative abundance of time, short-video apps such as Douyin and Kuaishou give the group a glimpse of the outside world. They also embrace social commerce, through which they can buy products, socialize with friends and learn about the latest fashion trends, said Jason Yu, general manager of consultancy Kantar Worldpanel China.
During Tuesday's meeting, Jin Liqun was elected to a second term as President of the AIIB by the bank's board of governors, announced by the chair of the board. Jin's second five-year term will begin on Jan 16, 2021.
来源：资阳报