Li said Hefei is a reasonable choice. "Over the past few years we have a better understanding of its business environment and, in fact, I think its competitive edge as a city has been underestimated," he said.
Li was removed from his management position in June 2017 and was informed by an HR representative that the company did not want to renew his contract in December.
Liaoning province has asked all schools and tourist attractions to stop operating for safety reasons. All 1,860 rescue teams are on standby.
Li, who is a deputy to the 13th National People's Congress, expected revenue from overseas markets will become a main driving force for the company's overall businesses, adding that sales of terminal devices in the United States increased by 40 percent in 2018 compared with the previous year.
Liang Zhibing, a doctorate holder at the China Academy of Macroeconomic Research, said the measure can deleverage SOE debt in the short run and restrain their leverage from bouncing back in the long run. Liang said the guideline requires SOEs to reduce leverage through SOE reform and increasing equity financing, which will force these enterprises to transform their models and deepen self-reform to build a long-term mechanism.
Li said that in early April, an emergency procurement order from the United Kingdom arrived. Having received an Emergency Use Authorization recently issued by the United States Food and Drug Administration, orders from the US are expected to come in soon.
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Li said crude steel production is likely to cross 1 billion tons this year in the country and steel production is likely to account for over 56 percent of the global output this year.
Limp also outlined new environmental sustainability initiatives, including a new energy dashboard, a rollout of low power mode for Echo devices, and carbon offsets.
Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks at a teleconference on issues including deepening reforms to streamline administrative approvals, delegate power to lower levels and improve regulations and services.
Li met Mamin alongside the 18th Meeting of the Council of Heads of Government of the Shanghai Cooperation Organization in Tashkent, Uzbekistan.