He added that Gucci had done very well in the United States, where it gained market share, and in the key Chinese market, but had still been penalized by global travel restrictions.
Having spent 15 years as a police officer, Hu often has to put himself in harm's way to protect others. In 2016, one of the suspects he arrested had a loaded gun. "If I hadn't grabbed his hands, he would have probably pulled the trigger and wounded a police officer or a bystander," Hu said.
He Jingtong, a business professor at Nankai University in Tianjin, said that mergers and consolidation will take place in power companies affiliated to the five big power generation giants-China Datang Corp, Huaneng Power International Inc, Huadian Power International Co, GD Power Development Co and State Power Investment Corp.
He added, however, that some of the facilities had been damaged in natural disasters and needed to be replaced. Moreover, the system doesn't yet cover all villages.
He added that making progress while ensuring stability will remain the main focus in the next year and progress in quality, efficiency and growth engines will be pushed by the government.
He also suggested building a Greater Bay Area university with the aim of nurturing more high-end talents to drive the region's future development.
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He also said that the gap of absolute per capita income between China and the United States has widened from ,000 to ,000 between 2000 and 2016.
He appeared in the classic 1969 Western True Grit, playing the role of La Boeuf, a Texas Ranger who partners with John Wayne's Rooster Cogburn in search of a killer.
He also said that "together with Dongfeng Group, we have the resources, scale and technologies to support DRAC's sustainable growth in the Chinese market."
He Jianmin, a professor specializing in cultural and tourism research at the Shanghai University of Finance and Economics, said the go-offline trend of online travel agencies reflects opportunities for offline players as well.