In terms of major funding rounds, 26 companies on the Fintech100 have each raised 0 million in the last twelve months, Heap said.
In terms of the industry's opportunities and business strategies in the upcoming year, 67 percent of the retailers said they would make efforts to expand online channels and accelerate home-based business/retail warehouse layout. Fifty-three percent said they would change their product mix according to consumers' shopping habits, and increase the inventory and on-shelf number of health, disinfection, and protection products. Forty-three percent of the retailers said that they would deeply work on the supply chain, especially the supply chain for fresh food, strengthen ties with various brands, and enhance communication efficiency.
In terms of manufacturing jobs, there was a rapid increase in China until 2010 and then it slowed down partly due to the global financial crisis, which was not specific to China but the global demand went down. In 2010 to 2014, it remained kind of stable. In the past three to four years, employment in manufacturing in China has again started to grow.
In recent years, local village committees have realized that poverty alleviation must include improving the farmers' moral standards. Fazi has organized several awards ceremonies to praise model families and villagers. The committee warns any "black sheep" or criticizes them publicly.
In recent years, monitoring cameras with facial recognition technology have increasingly become the weapon of choice used by Chinese police to deter and solve crimes.
In terms of monetary policy, due to high inflation it's unlikely that the central bank will use price-based monetary policy tools in the near-term, according to the research note.
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In terms of payment methods, mobile payment saw its H1 volume double from the same period last year, while bank cards remained the primary form of payment.
In recent years, the company has made moves to advance in the field, as both the central and local governments are eyeing the potential of hydrogen fuel cells to upgrade the manufacturing industry, and to achieve green and sustainable development.
In sensational finds in 1989 and 1990, two complete skull fossils of ancient humans were unearthed in Yunyang, formerly known as Yunxian county. The fossils were said to be about 1 million years old, which riveted the attention of paleoanthropologists worldwide. They were named among the top 10 archaeological discoveries in China in 1990. The skulls have been displayed at four museums, including the National Museum of China and the Hubei Provincial Museum.
In promoting the transformation and upgrading of the economy, the government must adopt concrete steps to push forward the development of new infrastructure and urbanization initiatives as well as major projects, he said.