Spurred by rising health consciousness and Chinese consumers' pursuit of a high-quality lifestyle, some multinational companies are witnessing strong sales and further promoting their products in China via new growth channels such as e-commerce platforms.
State-owned, large financial institutions such as big lenders are not very likely to see a sudden surge in foreign capital ownership, he said.
Stella Li, president of BYD North America, told Xinhua News Agency in February, "We strive to create innovative ways to power and move the world with safe and sustainable technology."
State Councilor and Foreign Minister Wang Yi wrapped up his two-day visit to the Democratic People’s Republic of Korea, during which he met with DPRK’s top leader Kim Jong-un and Foreign Minister Ri Yong-ho.
Starting Tuesday, residents in Beijing and Shanghai can use the transport apps in their phone to take subways in both cities thanks to the country's integrated development of transportation.
Statistics from DHgate showed since 2013, China has become the largest e-commerce market in the world. Since 2016, China has also become the second-largest digital economy in the world.
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State Councilor Wang Yong attended the meeting and delivered a speech, emphasizing reform of the business sector and supervision.
Statistics show that more than 9 million SUVs were sold in 2016, marking a 45.7 percent rise year-on-year, 11 times higher than the 3.9 percent increase in sedans and hatchbacks which registered 12.1 million units in sales.
Statistics of Institute of International Education show that prior to the pandemic, over 360,000 Chinese students were studying in US universities, and they spent billion on tuition. Worldwide, Chinese students spend about billion a year on overseas tuition.
StarTimes, which launched operations in Rwanda in 2008, has already completed a China-Africa digital TV project in Rwanda that hopes to connect 10,000 African villages to digital TV using Chinese government funding.