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As the mixed ownership reform of these SOEs made impressive progress, China has selected 50 SOEs in three rounds to conduct such reform, from both the centrally and locally-administered levels, in fields including power, energy, civil aviation, telecommunications and the defense sector since 2016, the National Development and Reform Commission said in October.

As the annual gathering of the National People's Congress, China's top legislature, continues in Beijing, the country's lawmakers will likely be pleased to note that the travel industry is one of the economic bright spots that is bucking the larger COVID-19-related downtrend.

As the mysterious man attracted wider publicity and more attention from the media, his past was gradually revealed.

As some in Washington think tanks and the diplomatic community have floated the idea of building a "coalition of democracies" to take on China, Kissinger said, "I think a coalition aimed at a particular country is unwise, but a coalition to prevent dangers is necessary where the occasion requires."

As recruitment experts from Zhaopin explained, this can be largely attributed to the uncertainties in the global economic environment and some multinational companies' withdrawal from the Chinese market. On the other hand, most of the rapidly expanding Chinese internet and technology companies are privately owned companies, which have shown greater demand for talents.