In addition, it has universities and historic buildings nearby, which have helped it attract an increasing number of visitors.
In addition, platforms will be further developed to provide online employment and social security services for those engaged in flexible employment.
In addition to the BrandZ China Top 100 ranking, WPP also unveiled a listing of the top 50 Chinese companies ranked by brand recognition internationally. The table was topped by Chinese computer maker Lenovo Group Ltd, followed by Huawei, and Alibaba.
In addition to its management shake-up, the joint venture is planning to expand its sales network and is enriching its lineup to improve performance.
In addition, infrastructure worth billions of dollars is being planned or created to support promotion of biofuels.
In addition to these socioeconomic challenges that China is responding to, one major challenge relates to adapting to the ever-changing frontier of possibilities brought about by the pace of change that has come with the nation's rapid technological developments. China's initiatives, like Internet Plus and Made in China 2025, have helped the nation quickly become an established leader in tech such as fintech, AI, drone manufacturing, online retailing and mobile payments.
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In addition to having supply chains that are reliable and less vulnerable to disruptions, China has the advantages of economies of scale, consumption potential, and competitive labor costs. This makes supply chains scalable, extendable and cost-effective, said Zhang Xiaoqiang, executive vice-chairman of the Beijing-based China Center for International Economic Exchanges.
In addition, Amazon's highly efficient global logistics net-work across 185 countries and regions has established an effective and convenient "Online Silk Road" for Chinese enterprises trying to reach overseas markets.
In addition, China and the EU have deepened their cooperation on the Belt and Road initiative, Zhang said. With a growing positive voice within the Union, the EU's recognition and understanding of the initiative are more objective thanks to their deepened political consensus and more fruitful cooperation.
In addition, the civil aviation development fund contributions and port development fees will be reduced or canceled. The share of employees' basic old-age insurance paid by enterprises will also be reduced.