This has changed the company's decision-making mechanism and prompted approval of the proper strategy: combining Haier Electronics' core advantage of an extensive offline distribution network with e-commerce platforms' advantage in acquiring customers, Gui said.
This is proving to be a limiting factor for global investors, including those from China, looking for overseas M&A's. So, Europe and the United States will continue to be their key destinations because of their advanced industry, technology and brands, said Wang Peng, a partner at PwC China.
This is expected to create more opportunities and space for foreign companies to develop in China, and cooperate with Chinese counterparts, especially SOEs, said Joseph Han, managing director and board member of Knorr-Bremse Rail Vehicle Systems (China).
This is not to say that all necessary measures shouldn't be taken, such as frequent hand-washing, not touching one's face, wearing masks when necessary, staying indoors and social distancing.
This involved guidelines on research in techniques in bioscience, precision medicine and medical AI.
This is much lower than other developing markets, such as Malaysia, where there are 433 cars per 1,000 people, not to mention leading markets.
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This makes it a key part of China's efforts to develop circular economy, industry experts said.
This month, Amazon became an official streaming partner for the Association of Tennis Professionals World Tour. Amazon has worldwide streaming rights of the Next Gen ATP Finals, a tournament for the best youth players in the world through the end of 2018.
This summer's unusual rain pattern in Southwest China's Yunnan province has been bad news for mushroom gatherers.
This batch of 1.1 million FFP2 masks, along with almost 30,000 protective uniforms for doctors and 1.995 million gloves, is one of the largest such shipments since the start of the coronavirus outbreak, STA said.