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His point was echoed by Ning, who said with the advancement of the consumption level and structure, Chinese enterprises will inevitably change the structures of their products, investments and industries.

Hong Kong announced on Friday that its economy had contracted 2.9 percent in the third quarter, officially entering a technical recession which also spells the city's first year-on-year decline since the 2008 global financial crisis.

Hong Kong needs more infrastructure, like chargers, to facilitate the use of electric vehicles. provided to china daily

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Hong Kong's economic output in the second quarter increased 0.6 percent year-on-year, according to its Census and Statistics Department. Retail sales declined 6.7 percent year-on-year in June, falling for the fifth consecutive month.

His life was "pressure free" for three years, Memettursun said, "as if I had pressed pause on my life". Around him, however, other people's lives had changed.

His comments came about one week after the Australian Medical Association (AMA) criticized the government for providing healthcare workers with "ill-fitting" face masks.

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Hong Kong reported 125 new coronavirus cases on Saturday, marking the 11th straight day of more than 100 daily cases. Four more patients died on Saturday, bringing the overall death toll in the SAR to 31.

Hon Hai is eager to find new driver of growth, and abandon its label as only an original equipment manufacturer.

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His overarching philosophy for global cohesion is his concept of "a community with a shared future for mankind", with countries working together to find solutions to global problems.

His wife, Barbara Tripp, said her daughter-in-law was from Vietnam, where Lunar New Year is also celebrated. She also said she liked the turquoise color and the floral arrangements on the outfit she was trying on.