The government is yet to confirm the media reports, as the official verdict on Huawei will arrive in the coming days when a telecommunications supply chain review is to be delivered to Parliament.
The fund will provide more definitive support in investment and financing to push the initiative ahead, Yang said.
The government has caught wind of the machines. In a circular issued by the Ministry of Culture, authorities asked local departments of cultural management to strengthen supervision on the mini KTVs to avoid juvenile addiction.
The gala also attracted 2.1 million offline mom-and-pop stores, and some 410,000 types of farm produce from 1,406 counties.
The government decided on Sunday night to impose a two-week home quarantine, which takes effect from Thursday, for arrivals from the UK and the United States — two of the most popular locations for overseas Chinese students. Tens of thousands flock to the airports within the three-day window period.
The fund will invest in technology innovation enterprises with a high potential for growth and is expected to reach nearly 1 billion yuan (0 million) by the end of this year. Four projects have been approved for investment covering the key fields of database, cloud computing, chip design and biopharmaceuticals, said Lyu.
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The funds served as a significant financing channel for Belt and Road projects and satisfied the increasing demand for the currency on global capital markets, the article said.
The government is keen to build a healthier nation and eager to boost the outdoor sports sector through infrastructure and education. It has already announced it will build five national outdoor sports centers, 50 mountain trails with logistics facilities, 1,000 clubs for open-water sports including canoeing and sailing, and 2,000 aviation camps for sports such as paragliding and skydiving by 2020.
The galaxy discovered by NASA's space-based telescope WISE in 2015 is by no means the largest or most massive galaxy we know of, but it radiates at 350 trillion times the luminosity of the Sun.
The future of robots and automation, and the implications for societies, will be determined by what will happen first - will a nation age first? Or, will its unemployment hit the ceiling first?