Workers transfer medical waste at Wuhan Beihu Yunfeng Environmental Technology Co Ltd in Qingshan district of Wuhan, Central China's Hubei province, March 4, 2020. [Photo/Xinhua]
With this in mind, co-working space operators will find it difficult to further increase their occupancy rate as SMEs come and go more frequently than matured companies, added Pan.
Without naming Huawei, the amendment is widely seen by local media to target the Chinese technology company, a Shenzhen-based networking and telecommunications equipment and services supplier.
Workers are supposed to get a job in 14 labor-hungry sectors such as accommodation and nursing care.
With these announced approvals, there are five foreign-controlled securities firms in China. The other three companies are UBS Securities Co Ltd, Nomura Orient International Securities Co Ltd and JP Morgan Securities (China) Co Ltd.
With video data expected to explode in the coming years, Huawei also partnered with a string of companies to establish a smart video big data industry alliance, so as to better set industry standards.
岳阳假性近视治疗眼科
Workers manufacture mechanical components at a factory in Huanggang, Hubei province, on Monday. WANG JING/CHINA DAILY
Workers process sorghum grains at a distillery of Kweichow Moutai in Maotai town in the city of Renhuai in Southwest China's Guizhou province, Oct 23, 2018. [Photo/Xinhua]
Wu Hua, who oversees poverty relief projects at the anti-poverty office, said jobs are crucial to rural families as roughly two-thirds of the family income is from working in cities.
Wu Shengwu, deputy head of the ministry's electronic information division, said China has become the most important global production base for VR hardware, which has helped to nurture the VR consumer market.