Such enthusiasm is also fueled by the broader trend of Chinese companies' efforts to reduce reliance on the foreign semiconductor industry amid global geopolitical uncertainty, they added.
Steven Zhang, an economist with Morgan Stanley Huaxin Securities, said the inertia of growth impetus from the first three quarters would help ensure the economy to expand at a 6.7-percent pace during the remainder of the year.
Such activities have been mushrooming recently with the growing popularity of social media. Agents who can create fake fan followings are found everywhere, be it on Taobao or on WeChat. In a demonstration video by CCTV, they offer various services from basic packages of fake fans and reposts, to customized services. A basic package of 400 followers on Weibo and 100 shares only costs about 10 yuan (.5).
Still, more policy measures need to be wheeled out to increase business growth in China, especially when it comes to attracting foreign investment.
Su Hengxuan, Party secretary and president of China Life Insurance and He Chunlei, deputy Party secretary and president of China Reinsurance (Group) Corporation — also known as China Re Group — and Party secretary and chairman of China Life Reinsurance, or China Re Life, shared their insights into the industry at the seminar.
Such devices could become commonplace in homes, said Gambhir, as consumers embrace health monitoring tools like smartwatches and internet-connected home devices.
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Students and faculty coming to the campus will have to sign pledges "regarding their behavior, and, in particular, wearing masks and keeping physically distanced, to reduce the spread of the disease", Leebron said.
Steven Zhang, an economist with Morgan Stanley Huaxin Securities, said the inertia of growth impetus from the first three quarters would help ensure the economy to expand at a 6.7-percent pace during the remainder of the year.
Steven Mercer, who operates Mercer Educational Consulting, headquartered in Santa Monica, California, told China Daily that the scheme is "outrageous".
Stock prices dropped initially on the news but quickly bounced back as investor sentiment calmed. The benchmark Shanghai Composite Index even registered a winning streak on Thursday despite the downgrade.