Revenue of the major industrial firms amounted to 19.86 trillion yuan in Q1, down 15.1 percent year on year, and their business costs skidded 14.6 percent to 16.83 trillion yuan during the period.
Roy Jakobs, executive vice-president of Royal Philips, and chief business leader for the group's Personal Health Businesses, at a media roundtable in Nanjing in early March.[Photo provided to China Daily]
Ruili, which lies on the border with Myanmar, reported two COVID-19 cases among illegal immigrants on Sunday.
Review requirements related to equity management, anti-money laundering and anti-terrorist financing were also added in the regulations.
Ron Zheng, Shanghai-based partner of German firm Roland Berger Strategy Consultants, said the Polestar move was seen as a way to strengthen the brand image of Volvo, and test the newest concepts.
Retailers and restaurants earned revenue of more than 1 trillion yuan (8.31 billion) during the Spring Festival holiday, from Feb 4 to 10, up by 8.5 percent compared with the holiday last year, the Ministry of Commerce said on Sunday.
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Robots have already taken over from humans in assembly-line work, especially in the automobile-manufacturing sector. But Zhou said AI will also create a "great deal" of new jobs.
Rogoff said Amazon is talking with Sound Transit about Sounder stations, rather than the brand new light rail stations in urban Seattle neighborhoods because of the unpredictable traffic in those outlying areas.
Ride-hailing companies Lyft and Uber Technologies offered the potential to upend the conventional taxi business and perhaps car ownership in urban areas, but each came with steep losses.
Rupert Stadler, CEO of the German carmaker Audi AG, speaks during the annual press conference at the headquarters in Ingolstadt, on March 15, 2018. [Photo/VCG]