Zhang added that online trading platforms were providing more and more information for consumers and that the transparency would in turn boost the used car trade.
Zhang Yong, general manager of the company - the NEV arm of State-owned automaker Beijing Automotive Industry Corp, said the company plans to launch 500,000 NEVs for the taxi and ride-sharing sectors in 1,000 cities by 2022.
Zeng at LMC shared his prediction that there will not be a big change in the market structure, as the current consumption pattern reflects that an electric car has no scrap value after years of use.
Zhang Xiang contributed to this story
Zhang Liqun with the Development Research Center of the State Council, said the indicators' moderation was a short-term fluctuation affected by adverse weather, and would not change the trend of a stable economic growth.
ZTE Corp, the country's second largest telecom equipment maker, will invest 2 billion yuan (4.8 million) in 5G R&D this year, up from 1 billion yuan in 2016.
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Zhai Yang from Hangzhou, China, who traveled to Europe with her mother during the Golden Week holiday, said they chose to stay at a serviced apartment because it offers more flexibility compared with hotels.
Zeng Guang, currently a PhD candidate in psychology at Tsinghua who developed much of the positive education curriculum used in Guangzhou, says: "The growth mindset class was liked most by the students. After taking this class, they were able to keep working longer on math problems. Before, they would give up after 15 minutes. Now they think that if they work for some minutes, they will be a little bit smarter."
Zeng encourages chambers of commerce and industrial associations in Myanmar to organize buying missions to join the expo with business matching being arranged.
Zhang Jingwei, a construction worker in Beijing’s Tongzhou district who was in the audience, said the drama served as great encouragement for him.