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Internationalization is an important part of Skyworth's overall strategy, Liu Tangzhi, its chief executive officer, said.

Instead, they tried to maintain the system for fear that reform would deprive them of their political and religious privileges, together with their huge economic benefits, it said.

Invest smartly in technologies and innovation: Traditionally, manufacturers faced a stark choice between increasing productivity or resilience: the most cost-effective production would likely be concentrated in a single region, often China, while distributing production more broadly would dramatically increase cost.

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Investment growth flat

Iran acquired five new European commercial planes on Sunday before the sales were cut off.

Ip Kwok-him, Hong Kong deputy to the National People's Congress and Hong Kong executive councilor, shares with China Daily his views on national security legislation for the city. [Photo by Calvin Ng/China Daily]

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Instead, China's success was a result of sequencing, "doing things in its own way, at its own pace, based on its own capacity", he added.

Investment in six sectors accounted for 86.3 percent of the country's accumulated ODI, namely, sectors of leasing and business services, wholesale and retail, software and information technology service, finance, mining, and manufacturing.

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Inside the meeting last year, a group of Amazon employees stood in solidarity to press the company to take more aggressive action to reduce its impact on the environment. Amazon several months later?announced its “Climate Pledge,”?with Bezos saying the company was “done being in the middle of the herd on this issue.”

Investment bank Morgan Stanley raised its forecast last week for China's growth to 6.6 percent from 6.4 percent. It said China will continue to clean up its financial sector and curb credit expansion to bring financial risks under control and resort to "counter cyclical" measures that are unlikely to derail growth, according to a South China Morning Post report.