Li said in recent years, Liupanshui has actively developed big data and integrated the technology with the real economy. Three major Chinese telecom carriers have built labs there and made it one of the pilot places of a smart city.
Li's team now has more than 100 members, with the average age being 50.
Lian Weiliang, deputy head of the National Development and Reform Commission, said during a recent media conference that enterprises should not worry about overcapacity problems after the epidemic.
Liane Moriarty’s bestseller?Truly Madly Guilty,?a story that traces the implications of one event on six lives, won the fiction category.
Lily Ma, managing director of Nutanix China, said the development potential of China's cloud computing market is huge, and China is taking a leading position in internet applications around the world, adding they hope to offer cloud infrastructure and solutions for more enterprise clients.
Li, a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee and chairman of the National People's Congress Standing Committee, made the remarks during a law enforcement inspection in south China's Guangxi Zhuang autonomous region from Sunday to Wednesday.
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Li said the Chinese economy has good fundamentals in the long run, though it fluctuates in the short run, which can be managed. China is a huge market and home to the largest pool of human resources in the world, with a workforce of 800 to 900 million people, including 170 million who received higher education or professional training, he said.
Li suggested the industry should adhere to the efficient use of both domestic and foreign resources, forming a dual-circulation development pattern to ensure high-quality raw material supplies, as well as improving the pricing mechanisms and raw material financial system of raw materials to reduce the impact of their price fluctuations.
Lian Ping, chief economist with the Bank of Communications, said rising producer prices may push up consumer prices in the longer term.
Li welcomed the move, but he said the more crucial and urgent issue is to pay attention to privacy leaks, and solve it by legislation.