The move comes just months after the state and federal government fast-tracked a 0 million plan to develop an import terminal at Port Kembla, 100 kilometers south of Sydney, in order to shore up the east coast's wavering gas supplies.
The nation will consider transferring State-owned assets into preferred stock and the State special share management system, a senior official said.
The municipal government has launched a day-to-day inspection mechanism to detect such hidden dangers across the city and set up an emergency instruction center on property management and related apps to oversee the issue.
The move reflects the company's unwavering efforts to deepen mixed ownership reform and to contribute to China's commitment to build a clean, safe and efficient energy mix, he said.
The move was the latest sporting proof of the thaw in relations between the two countries that began at the Pyeongchang Olympics in February when they marched together at the opening ceremony and fielded a joint women's hockey team.
The nation launched the next generation artificial intelligence development plan three years ago, which made the development of UAS a national priority. China plans to become a world leader in AI by 2030.
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The move is a timely one, as the world is combating the novel coronavirus pandemic at a moment when "international cooperation and solidarity (are) more critical than ever", according to a UN press release.
The municipal government has offered various supporting measures to aid business resumption, including cutting taxes and fees by more than 11 million yuan (,583,759) for privately and individually-owned businesses in a single month, issuing 35.7 billion yuan loans to 3,049 enterprises via commercial banks in Shanghai as of March 3, as well as granting rental cuts or relief to 14,000 small and medium-sized enterprises as of Sunday.
The move is also part of HTC's broader push to ramp up its investment in VR technologies to further expand its presence in the sector, which is expected to see faster growth and intensified competitions in the 5G era.
The move is part of XCMG's efforts to meet the diversified local demands and promote the development of network distribution in finance products and services, said XCMG Chairman Wang Min.