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He also knew that a growing majority of people in those countries have smartphones. He saw an opportunity to corner the market in a region where Uber hadn’t yet set up shop.

He also suggested that China expand economic opening-up, especially for the services industry, and further improve the business environment in order to boost the economy.

He advised policymakers to encourage joint-stock commercial banks and microcredit companies to play a bigger part in providing financing to micro and small companies, as these financial institutions are more flexible and experienced in serving small business clients than large State-owned commercial banks.

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He acknowledged deep-seated social problems related to quality of life in Hong Kong, especially skyrocketing housing prices. He said these have hurt young people's confidence in the future, and that with such frustration, they have what he called an unwarranted nostalgia for the colonial era.

He also said in a statement that the United States will immediately stop negotiations over a 100-billion-US dollars trade deal with Turkey and raise tariffs on steel imports from Turkey back up to 50 percent, as part of the US response to Turkish military operations starting Wednesday targeting the Kurdish forces in several parts of northeast Syria.

He also said that the SAR would further participate in building the Guangdong-Hong Kong-Macao Greater Bay Area and the Belt and Road Initiative in a practical and orderly manner.

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Having international education mobility in top universities in China, the United States and Europe is a win-win approach for the human race, said Mary M. Dwyer, president and chief executive officer of the Institute for the International Education of Students, during an exclusive interview with China Daily on June 2.

He also highlighted consistency in implementing policies on collecting social security contributions, calling for related efforts to lower corporate costs.

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Having given repeated warnings in vain, the police used tear gas, rubber bullets, and specialized crowd management vehicles with water cannons to disperse radical protesters.

He also throws aside the Iran nuclear deal as "abominably negotiated".