The fall, which is the first since 1990, dragged down overall retail sales in the country.
The events have yielded abundant fruits as 30 deals and agreements in trade and investment were inked, involving a total trade volume of million and investments exceeding 10 billion yuan.
The exterior of Passivhaus Technik-Und Erlebniszentrum in the Sino-German Ecopark in Qingdao, east China's Shandong province. The Shanghai Cooperation Organization summit will be held in Qingdao in June. [Photo/Xinhua]
The exhibition will last 75 days.
The expansion came after three Chinese major telecommunication operators rolled out new packages allowing customers to access the Internet at much lower costs.
The event will be hosted by China Parking System Manufacturers Association, China Council for the Promotion of International Trade Construction Industry Branch, China Electricity Council Electric Vehicle and Energy Storage Branch, China Council for the Promotion of International Trade electricity industry committee and Beijing Static Traffic Investment Operation Co Ltd.
天津老是呕吐是怎么回事
The experience changed him.
The fact that trade accounts for 27 percent of US GDP, according to the World Bank's 2017 data, is making the economy more vulnerable to a collapse in global trade today compared to that in 1930, when trade accounted for just 11 percent of US GDP. Significantly, the Smoot Hawley tariffs enacted by the US in 1930 and the broad retaliation that followed played a key role in pushing the economy from a recession to the Great Depression.
The fair is set for Sept 8 to 12 and will include more than 5,000 booths covering an area of more than 100,000 square meters.
The event will serve as an important platform to attract global investors, projects, industries, advanced technologies and management experiences and economic parks for Hainan, said government officials.