Yet the number of recalls is expected to rise soon, as the general administration is investigating cars with faulty Takata airbags that can explode under certain conditions. It said in a July 6 news release that some 20 million cars in China are equipped with Takata airbags. Of these, 10.59 million have been recalled and five carmakers are planning to recall another 1.26 million cars soon.
Ying Wenlu, chairman of Nanjing-based Addor Capital, a private equity firm, said China's private equity market is not short of money, but only reputable firms are able to attract it.
Yu Zhengsheng, a member of the Standing Committee of the Political Bureau of the CPC Central Committee and chairman of the National Committee of the Chinese People's Political Consultative Conference, attended Friday's celebration.
Yi Yangqianxi, 17, also known as Jackson Yi, takes a whirlwind tour of the Big Apple, including a stop at the Grammy Awards
Yue Zhong, the older son, told Beijing News that he didn't know whether the knife was his father's.
Yousef Abdullah Al-Benyan, vice-chairman and CEO of Saudi Basic Industries Corp, said in a forum discussion that free trade is "crucial" not only for the company's success but also for the world economy.
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Yin, who declined to give target growth figures, said expanding WeChat Pay overseas required additional layers of regulatory approval, as well as efforts to explain the system to local businesses.
Ying, who was speaking on April 10 at a media briefing on Shanghai's high-quality growth, said the city's confirmed foreign capital reached .3 billion last year, accounting for 12.8 percent of the national total.
Yu Yongding, research fellow of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, said the central government should continue to increase fiscal expenditure and expand deficits to scale up support to local authorities and boost fiscal investment.
Yu Ping, a commentator with Red Star News based in Chengdu, Sichuan province, said that some students bought fake letters to please parents, while in other cases people use them to fake identity and commit fraud, which does a lot more harm to society.