Other segments such as small activity based EVs of mobility, and golf carts for gated communities are also where Chinese automakers can have the highest impact.
Opening-up of China's financial factor has sped up, as the country removed foreign ownership caps of banks and financial asset management firms last year.
Orlins believes that Xi basically said that China is still open and will defend itself. "We are not going to provoke anything, but if the United States wants to come to be confrontational, we are prepared to respond," he interpreted Xi's words as saying.
Other key reforms included simplifying import and export procedures by implementing advanced cargo declarations, upgrading port infrastructure, optimizing customs administration and publishing fee schedules.
Other large insurance groups, such as Taikang Life, China Life, Taiping Life and Ping An, are also tapping this sector. According to China's national statistics agency, China will step into moderately aging society in 2025. By then China will have about 3 billion people over the age of 60, or 20 percent of the overall population. Under such a circumstance, developing retirement and senior care industry is bound to be a key opportunity for insurance companies.
Other "Word of the Year" nominations for 2019 included:
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Originally they mainly roamed an area of some 1,000 hectares that is part of the reserve's core zone.
OneConnect, a financial technology service company under Ping An Group, announced a plan to explore the role of innovative technologies in sales, risk management, and operations in the insurance sector, a move to tap China's rapidly developing fin-tech industry.
Only He and her ex-husband knew the secret until she broke it last year when she was deeply touched by a TV show that dealt with finding missing children.
Only 48 multinational companies had headquarters in Chaoyang in 2009, contributing about 417 million yuan (.1 million) in revenue to the district, the figures show. The income stood at 3.5 billion yuan last year, representing an average yearly growth of 70 percent.