Red envelopes, a digitalized Chinese tradition of sending each other a sum of money as a gift, is also frequently used by foreigners, who send 10 red envelopes monthly on average through WeChat.
Rather than taking direct control, the company has been pushing forward classification-based authorization for subsidiaries to have different levels of autonomy in financing, personnel, and operations, so that the subsidiaries become independently accounting entities with self-governance in operation and development, and with sole responsibility on profits and loss, and risk management.
Recent cases with unknown sources showed an invisible transmission chain in the community, indicating a "very high" risk of large-scale community outbreak, Secretary for Food and Health Sophia Chan Siu-chee told a news conference on Wednesday afternoon.
Quoting Baba Dioum's famous remark, "In the end, we will conserve only what we love; we will love only what we understand and we will understand only what we are taught," he said the best way to learn, is through experiences.
ROME -- Italian lender UniCredit on Monday announced the launch of the China-Italy Industrial Cooperation Fund (CIICF) in partnership with private equity firm Investindustrial and with the China Investment Corporation (CIC).
Regarding cross-border humanitarian assistance, Zhang said China's position has been clear and consistent.
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Recently, the State Council's Financial Stability and Development Committee held a meeting at which large State-owned banks and smaller joint-stock commercial banks said they would maintain a stable size of the interbank business with other small and medium-sized banks, in an effort to maintain market order.
Rain started to fall in some cities in Guangdong from Monday morning, but did not considerably affect the daily lives of locals. According to Guangdong Flood Control and Drought Relief headquarters, as of 6 p.m. Sunday, more than 368,000 people within heavily affected areas in the province had been relocated, 188 scenic spots in the cities of Zhanjiang, Maoming, Yangjiang and Jiangmen were closed with over 38,200 tourists evacuated, and more than 48,300 fishing boats were pulled ashore. In Zhanjiang, where Xuwen county is located, work at all 459 construction sites had been suspended, and schools and ferry ports were ordered to shut down. In neighboring Fujian Province, 17,152 ships with 28,691 crew members had returned to port as of Sunday, while 4,041 coastal residents have been evacuated. Local authorities also closed 51 tourist attractions and 547 construction sites. In island province of Hainan, schools and kindergartens were asked to remain closed Monday. Some 24,278 fishing boats are taking shelter in port, with 507,764 crew members. As of 7 am Monday, Khanun had weakened to a tropical storm, and the Guangdong Flood Control and Drought Relief headquarters lowered its emergency response level at 8 a.m.
ROK and the DPRK held a groundbreaking ceremony in December last year to connect railways and roads along the eastern and western Korean Peninsula, but construction works are yet to be launched due to international sanctions against Pyongyang.
ROK Major General Kim Do-gyun said before the meeting that the discussions will include establishing a joint military committee meant to maintain communication and avoid crises and accidental clashes. The planned committee is one of many inter-Korean commitments spelled out in the military agreement that was reached last month on the sidelines of a summit between DPRK top leader Kim Jong-un and ROK President Moon Jae-in in Pyongyang.