Jean Xiao, research manager at IDC China, said: "Unlike basic wearable products in overseas markets where fitness tracking is their main function, Chinese consumers are demanding more functionalities. Players need to catch up with the trend."
James Frith, BNEF's head of energy storage, said, "China's dominance of the industry is to be expected given its huge investments and the policies the country has implemented over the past decade. Chinese manufacturers have come from nothing to being world-leading in less than 10 years."
Jeremy Hunter: It has to be China's transformation toward becoming an innovation-fueled economy. China is upgrading its manufacturing industry to become more high-end, environmentally friendly, intelligent and service-based. This is shifting focus from "productivity expansion" to "productivity enhancement".
Japan became US biggest creditor in October, when it owned .13 trillion treasuries, and ranked second after eight month.
JPMorgan's Zhu said the economy may slow a bit in the second half but manage to grow by 6.2 percent for the full year, as increased infrastructure investment and stable consumption will counter the drag from exports and manufacturing investment.
Jason Yu, general manager of Kantar Worldpanel China, said the new investment from Nestle demonstrates the confidence of Nestle in China's domestic consumption market. "For food companies, having a stable supply chain is critical to the success and it is the area where local brands are strong today," said Yu.
北京强直脊椎炎能治好吗
Japanese brand Maker's Shirt opens its Chinese flagship store in Shanghai on Nov 7. [Photo provided to China Daily]
Japan's public broadcaster NHK claimed that it obtained a draft of the joint communique, which says the ministers "took note of the concerns expressed by some countries on the land reclamations in the area, which have eroded trust and confidence".
Jia Jiangong, deputy director of Liuzhou Municipal Commerce Bureau, attributed the surging growth to the expansion of production capacity and technological breakthroughs in enterprises. The customs has been feeding back new requirements for imported food from overseas to enterprises, and organizing them to carry out training programs to help their business develop.
Jia said to repair ties, India must give assurances that such incidents will not happen again.