Only after the invisible transmission chains are stopped, the HKSAR government will be able to focus on reviving the economy and helping improve people's incomes, as well as resuming normal travels of Hong Kong residents to the mainland and Macao, Chan said.
Online sales accounted for 35.5 percent of the country's home appliance market, according to a report by the China Center for Information Industry Development under the Ministry of Industry and Information Technology.
Online retailers are supposed to get their big boost on Cyber Monday — the first Monday following the Thanksgiving holiday weekend. But Amazon.com performed pretty well on Black Friday, a day historically associated with bricks-and-mortar retailing.
Others foresee trouble ahead from the ongoing US-China trade dispute because tariffs raise prices and have the potential to disrupt supply chains, tossing production and retail sales into turmoil.
Other measures needed to strengthen consumption and enhance people's livelihoods include developing contactless transaction services, promoting the integrated development of online and offline consumption, boosting urban and rural consumer markets, spurring holiday consumption, improving the consumption environment and strengthening consumer rights protections.
Organizers postponed several events until later in the competition, among them surfing, kayaking, windsurfing, polo, sailing, skateboarding and canoeing.
丹东涂抹祛皱
Other foreign companies are also riding the opening-up wave. US electric car startup Tesla landed a deal of building a new auto plant in Shanghai, with 500,000 vehicles to be rolled off the line for each year; German chemical giant BASF will invest billion to build a Verbund chemical production site in Guangdong, where ExxonMobil, the largest oil and gas company in the United States, plans to invest billion in petrochemical projects as well.
Original story:?
Opportunity
Online retail sales of physical goods currently account for one-fifth of the total retail sales of the country's consumer goods, said Bian Zuodong, deputy director-general of the bureau's department of market supervision.