The move is part of the Hong Kong-listed company's broader push to replenish its cash stock to fund more advanced chip-making production lines.SMIC was approved by regulators for a separate listing on Shanghai’s high-tech STAR market on Monday.The company said about 40 percent of the capital raised will be used to build a new manufacturing plant for 12-inch chips, while nearly 40 percent will be used as additional working capital. The remainder will be allocated to reserves for the research and development of advanced technologies.
The more new reactors China commissions domestically the stronger its track record would be, which would help a great deal as the country is initiating new nuclear power projects across the world, he said.
The ministry's data showed about 91 percent of the SMEs had resumed operations by May 20.
The nanny, convicted of starting a fire that claimed the lives of three children and their mother in a high-profile 2017 case that shocked the nation, was given the death penalty Feb 9 by Hangzhou Intermediate People's Court.
The mural, created by students from Xi'an Academy of Fine Arts, presents a perfect combination of ancient and modern characteristics in the city.
The nation should take advantage of the strength of the socialist system to form a mechanism for breakthroughs in technologies in crucial sectors and let scientists and entrepreneurs take the initiative, the statement said.
南昌技校秋季招生
The move makes Hainan the ninth region to adopt such a policy, joining Beijing, Shanghai, Tianjin, Guangzhou and Shenzhen in Guangdong province, Guiyang in Guizhou province, Hangzhou in Zhejiang province, and Shijiazhuang in Hebei province.
The ministry will support enterprises' innovation in technologies, systems and management to boost market competitiveness and encourage development of new trade businesses and models, Zhong added.
The mountainous Jianggangshan is known as the “cradle of China’s revolution”, the home to the first revolution base founded by the Communist Party of China.
The models are part of a major campaign FAW started in 2018 to rejuvenate the premium brand, which was previously reserved for heads of state and senior government officials.