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August, and its shares have slowly crawled back since Decembe
r. Hong Tao, an analyst from GF Securities, said the tech heavyweight has faced troubles. JD’s adv
anced logistics system, which is its core strength, has been overtaken by Alibaba’s Cainiao Logistics.
JD is in the spotlight as it is reducing salaries for its delivery staff and seeing a round
of shake-ups in its management team. Its chief technology officer Zhang Chen, chief lega
l officer Long Yu, and chief public affairs officer Lan Ye, all announced their resignation within just one month.
The company said in February that it would lay off 10 percent of its senior executives above vice-president level this year.
The 7-coin set contains two gold coins and five silver coins, with a variety of shapes. Designs i
nclude traditional Chinese ornamentation, dragon, phoenix, flowers and bird. All are legal tender.
The coins are made by Shenzhen Guobao Mint, Shenyang Mint and Shanghai Mint.
ight examinations, and counselling services, he said.
Education departments will supervise schools to take concrete measures and eval
uate their performance, Minister of Education Chen Baosheng said at the meeting.
The State Council, China’s cabinet, said Wednesday it was necessary to amend laws and sup
porting regulations and policies to ensure the implementation of the foreign investment law.
Draft amendments for administrative licensing law, trademark law, construction law a
nd electronic signature law were passed Wednesday at a State Council executive meeting presided over by Premier Li Keqiang.
It was also decided at the meeting to submit the draft amendments to the Standing Committee of th
e National People’s Congress, China’s top legislature, for deliberation, according to a statement after the meeting.
Suggestions for revisions include adding the principle of “non-discrimination” in administrative licensi
ng, substantially raising the amount of compensation for infringing exclusive rights to use trade
marks, and cutting approval time for applications for qualified construction permits.