The gala will honor revolutionary pioneers and patriotic scientists to encourage the younger generations to work hard in pursuing their dreams, according to the production team.
The free zone, home to more than 15,000 member companies with an average of seven new companies registering a day, forms a distinctive community for member companies to communicate and get useful information, according to her.
The government will establish land purchasing and property bank system to streamline management process, solve pending problems on land development based on law and regulations, and tackle illegal occupation, Zhao said.
The funding round is being led by Alibaba Group, Hony Capital and CITIC Private Equity, with additional participation from current investors Didi Chuxing and DST Global, the company said.
The gap between demand and supply has long been filled by developed countries like the United States.
The government introduced a number of measures to boost the private sector, which aim to level the playing field for market participants and remove barriers for the private sector in areas that were long dominated by State-owned enterprises.
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The government should also consider the current downward pressure on the economy and the affordability of local finance. Moreover, the application of new technologies should not be limited to the domestic market, but should promote the connection with foreign countries, Leung said.
The future lies in the combination of capital and technology. This is reflective in the meteoric rise of the tech-trinity BAT (standing for Chinese technology firms Baidu, Alibaba and Tencent) in China. Technological breakthroughs are giving Chinese companies the late-mover advantage in order to eliminate certain risks and remove hurdles for transformation.
The global market revenue for drones is expected to surpass .2 billion by 2020, according to a report by market research company Gartner Inc.
The global technology market analyst firm said while Samsung Electronics continued to be the market bellwether with a 25 percent share in Q2, Chinese smartphone vendors experienced their finest hour to date.