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Zhou Xiaochuan, president of the China Society for Finance and Banking and the former governor of the People's Bank of China, the central bank, said during the recent CIC Forum 2018 that non-governmental capital accounted for the bulk of funding for BRI-related projects.
Zheng Wen, director-general of the ministry's department of circulation industry development, said online sales have become an important engine to stimulate domestic spending and imports. "Durable consumer goods with high-tech features and branded foreign products have huge commercial potential," Zheng said.
Zhao Liebin, deputy chairman of the Shanghai Children's Medical Center, is pioneering the use of artificial intelligence to make children's wards smarter and smoother by sharpening diagnostic skills and halving workloads.
Zhang said in the case of BYD, large Chinese carmakers such as Geely and SAIC, which have been working on their own platforms, are less likely to become its customers, though some may purchase its batteries.
Zhen Zhiyong, chairman of IDG Capital, said during a conference that more and more consumers, especially housewives and the younger generation, have become major online purchasers during COVID-19, and this new trend makes community-based retail platforms a force to be reckoned with.
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Zhang's bathhouse opens at 8 am and closes at 11 pm. Since December, business there has been "simply great", she said.
Zhao Ming, 25, recently quit his first job, at a public relations agency in Beijing, after just nine months. He said he quit because he became frustrated with having to repeatedly redo plans to satisfy his boss and client.
Zhang's mother broke into tears standing beside Zhang's father.
Zhong also said China's total social consumption in 2018 reached 38.1 trillion yuan, up 9 percent year-on-year.