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Last June, Baowu opened up subscriptions of its wholly owned online steel transaction platform Ouyeel Co Ltd to partners and employees, raising 1 billion yuan.

Last week, Chen Xiaowu, a professor at the well-known Beihang University was fired from his faculty post after a former female student accused him of sexual harassment on social media. The university also revoked his teaching certificate.

Last month, the National Development and Reform Commission (NDRC) and the Ministry of Commerce jointly published the latest shortened negative list for foreign investment, in which the investment is given access to more new items compared to the version of the list in 2018.

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Lars Danielson, a former senior vice-president of Volvo Cars, will serve as head of the joint venture.

Last September, the company priced its shares at .26 on the New York Stock Exchange with them declining to less than per share at the lowest point.

Last June, Russia's top mobile phone operator MTS also signed an agreement with Huawei to develop 5G technology in the country and to hold test launches in 2019 and 2020.

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Last year, Liu's business exported nearly 10,000 tons of fruits, with a profit margin of over 10 percent. However, he said that as more competitors have entered the market, profits have started to decline, even though the export volume is rising.

Last week Tesla cut the starting price for its China-made Model 3 sedans by 16 percent to 299,050 yuan (,919) after making it into the list of electric carmakers eligible for government subsidies. Prices of other models available in the Chinese market have been cut as well.

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Last month, the nation's first guideline on road tests of autonomous motor vehicles was released by local authorities in Beijing.

Last December, Chongqing Iron & Steel announced that its controller Four Rivers Investment Management Co Ltd signed a letter of intent with China Baowu to transfer the controlling interest to the latter. The deal is expected to close by the end of June this year.