In response to questions about new tech competitors, he said: “Research has indicated time and time again that a uniformed person with proper identification showing up at your doorstep is an important issue for customers. So when you talk about the challenges of building a network, the scale, the input costs, the technology issues and the customer experience required to deliver what customers expect of companies like FedEx and our primary competitors, it’s a pretty tall hill to climb.”
In terms of age, the post-1995 generation's entertainment consumption increase is the fastest, especially for concerts, where almost three out of every ten audience members are young students. Yet, the strongest spending power remains with young and middle-aged individuals aged 25 to 39-year-old, accounting for 55 percent.
In recent years, people-to-people exchanges between the two countries have also thrived. The Chinese government has sent several delegations to visit the DPRK, including a sports delegation, and a literary and art workers delegation.
In respond to the limited land resources in the city, Wang reiterated the government will guarantee land supply for outstanding projects as long as they are in line with the direction of Shenzhen's industries and meet the demand for high-quality development.
In recent weeks, the pandemic has led to a huge increase in home data usage across Britain, putting what Huawei's vice-president Zhang Jiangang called "significant pressure" on telecoms systems.
In terms of smart mobility, Tencent has built up partnership with 16 carmakers, aiming to help the carmakers to achieve transformation with digitalization, according to Tang.
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In the 40 years of diplomatic relationship between China and the US, "though sometimes different issues have come up, generally we've always been getting closer to one another through mutual understanding, through exactly these kinds of exchanges", said Habib.
In recent years, the company has explored markets along the Belt and Road, applying the water-saving technology to 10,000 hectares of farmland in 17 countries, including Tajikistan and Kazakhstan.
In terms of major cooperation areas between Northwest China's Shaanxi province and its sister Hungarian county Csongrad, agriculture and food processing will be top of their agenda.
In recent years, China and the UK have increased dialogue on strategies and coordination on policies. There is an effective match between China's Belt and Road Initiative, the 13th Five-Year Plan, Made in China 2025 and the UK's Modern Industrial Strategy, UK Industry 2050 and "global Britain" strategy. This has provided a sound institutional environment and strong policy guarantee for Chinese and British companies to deepen cooperation.