Of Chinese customers 86 percent use digital payment, higher than the Asia average of 58 percent.
Of all Donald Trump's remarks on actions against China on Saturday, there is only one sentence that tells a little truth.
Noting that "a victory is in sight" in building a moderately prosperous society in all respects, the communique stresses that fully building a modern socialist China is part of the four-pronged comprehensive strategy for the 14th Five-Year Plan period.
Number of domestic companies exceeds that of US for first time since rankings began in 1990
Now is not the time to cut our nation off from the world’s talent or create uncertainty and anxiety. Immigrants play a vital role at our company and support our country’s critical infrastructure. They are contributing to this country at a time when we need them most.
OCBC Wing Hang Bank economist Carie Li Ruofan also noted that current circumstances were very difficult. "Against the backdrop of increasing short-term supply, elevated local taxes, rising political uncertainty as well as renewed trade tensions, global monetary easing support to the local property market seems to be limited."
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Now, however, it has taken on a richer cultural meaning.
Ocean Infinity CEO Oliver Plunkett said in a statement, "Whilst there can be no guarantees of locating the aircraft, we believe our system of multiple autonomous vehicles working simultaneously is well suited to the task at hand."
Not only have their material and cultural needs grown, their demands for democracy, rule of law, fairness and justice, security, and a better environment are also increasing, he said.
Noting that China is increasingly a producer of new technologies, Obstfeld said it was in China's interest to strengthen intellectual property rights protection and reform that regime on a multilateral basis.