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As the pandemic continues to batter global businesses and roil markets, Ngai stressed the importance of agility and adaptability for enterprises to survive and grow in this difficult time.

As the core function of the FTZ is to stimulate domestic and foreign trade, as well as attract foreign direct investment, the government will come up with more flexible policies to not only benefit State-owned enterprises and giant foreign companies, but also ensure small and medium-sized companies from all countries can profit from this platform, said Zhang Hongguang, deputy director of Dalian area of the Liaoning FTZ.

As the latest move of capital market reforms, revised regulations over refinancing of mainland-listed firms took effect from Friday. The China Securities Regulatory Commission, the top securities regulator, has eased the regulatory requirements for companies listed on ChiNext to issue new stocks to preselected investors.

As the founding CEO of Avanade, Mitch Hill once oversaw close to 9,000 employees. In his latest gig, there won’t be quite as many heads to count. The 52-year-old Seattle executive has been named CEO of Opscode, a 37-person company backed with .5 million from Draper Fisher Jurvetson, Battery Ventures and others.

As the first phase of the project, about 516 villages (70,078 households) in Kathar and Shwebo district will be provided electricity access, citing U Win Khine, union minister for electricity and energy at the ceremony.