Shortage of stock in Asian markets suggests development projects with local partners will be the key to market access, and opportunities will center on industrial and residential property, he said.
Shipping containers at Pier J at the Port of Long Beach await processing in Long Beach, California. [Photo/Agencies]
Sherchan died on Saturday evening at Qomolangma base camp. Another Nepali man, Shailendra Kumar Upadhyaya, died in 2011 at age 82 while attempting to scale the mountain.
Should the United States insist on meddling with Hong Kong affairs and undermining Hong Kong's prosperity and stability by implementing the relevant act, China will definitely take resolute countermeasures, the spokesperson added.
Signal No 10 Super Typhoon Mangkhut wreaks havoc near Heng Fa Chuen, a private residential estate in Eastern District, Hong Kong Island. [Photo by Roy Liu / China Daily]
Shi Baoyin in Zhengzhou contributed to this story.
Similar to the model used for shared bikes, motorists can now rent cars parked in public areas simply by scanning a QR code using a smartphone app.
Similarly, in the automotive sector, ownership caps in the new energy vehicle sector were removed, and will also be lifted by 2020 at the latest for commercial vehicles, and by 2022 for passenger cars. Companies in these sectors can now take a controlling stake in joint ventures with domestic partners, or even set up a wholly foreign owned enterprise for the first time.
Signify's Wang also said the policies stand to benefit large corporations as well as small and medium-sized enterprises, "in-clud-ing many of our dealers and suppliers". Given that the priority is people in the affected areas, he said the business impact "really comes second and is something we can only assess later on".