The number of Chinese high-net-worth families, with more than six million yuan in investable assets, has surpassed 2.1 million, and that group is set to reshape a wealth management market of 110 trillion yuan in the next five years, providing enormous opportunity for the development of private banking, according to the report.
The next time the Mars 2020 rover drives, it will be rolling over Martian soil, according to JPL.
The official said that it was difficult to scale up production amid the contagion, as each ventilator has more than 1,000 components, and some major suppliers of these parts are located in Europe. "It is also unrealistic to expect that China, which accounts for one-fifth of the global production, can meet the entire demand," Xu said.
The next five years will be the key period for the upgrading and transformation of China's auto industry, Fu said, suggesting industry players should seize the opportunities and expand their footprints in both domestic and overseas markets.
The ongoing trade spat with China may risk sapping the momentum, Hufbauer said, because China may decide to restrict US service firms doing business in China as part of the retaliatory package.
The number of refugees rose to 68 million in 2017, the largest number since World War II.
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The number of pet brands on Tmall has increased by over 60 percent year-on-year, while the growth rate of products for cats has doubled over that of dogs.
The ongoing China International Import Expo offers a great platform for global pharmaceutical companies to strengthen cooperation with China and give their businesses fresh momentum, industry executives said, as the country works to provide quality and accessible healthcare products and services.
The number of travel-related cases in the US totaled 12, and there were two confirmed cases of person-to-person spread of the disease. Forty-two US citizens who were aboard the cruise ship Diamond Princess have been quarantined, according to the US Centers for Disease Control and Prevention (CDC).
The novel coronavirus epidemic has sharply reduced foreign orders for Chinese products and caused the service sector to shrink, making jobs even scarcer, he said.