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Latest financial data confirmed the deal was "fruitful". Volvo sold more than 317,000 vehicles worldwide in the first half of this year, a record in its 91-year history. This has helped the company to maintain its business vitality.

Later on, Songyang, with many villages locked up in mountainous areas but also a beautiful landscape, was able to attract visitors from elsewhere for leisure and recreation.

Leaders of all countries should make plans for future generations and long-term development, Xi said.

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Lei attributed Xiaomi's rapid progress in India to its successful localization strategy. "We have realized the localization of our brand with a local team and customized products for local customers," Lei said.

Legere’s intentions in naming the companies was intended to expand people’s imaginations, rather than hint at an active negotiations. But he added that it’s laughable to think that the big four (AT&T, Verizon, Sprint and T-Mobile)?will continue to?dominate over the next five years.

Lastly, those from Generation Z have a short decision-making cycle when it comes to making purchases and they usually prefer to search and buy productsonline. These individuals also care greatly about personal privacy and are inclined to pay more for customized services.

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Last year, the county produced and sold 6 million guitars worth about 6 billion yuan (6 million), exporting to more than 30 countries and regions around the world, including the United States and Brazil. It also accounted for one-third of China's guitar exports.

Last, the dual-track capital account approach is a realistic choice in the near term, but can hardly be sustainable. The asymmetric capital account liberalization could accumulate capital outflow pressure into the future and affect currency stability, and the risk should not be ignored.

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Ledvance and MLS will combine their individual strengths to expand their positions as global leaders in the lighting industry, Lin added.

Leading lithium battery maker Contemporary Amperex Technology Co Ltd, better known as CATL, and the Shanghai-based medical equipment maker United Imaging are among beneficiaries of the first phase of funds.