The fast-developing Chinese economy cannot forge ahead on the back of investment and exports alone. Consumption, driven by the digital economy, will drive sustainable economic growth in the long run.
The festival's growth and its evolution "showcases the development of the Alibaba ecosystem over time, expanding well beyond e-commerce," said Alibaba CEO Daniel Zhang.
The family of an 11--year--old boy who died while rac-ing friends as he rode an Ofo bike in Shanghai have included the bike--sharing company in a lawsuit against those involved in the crash.
The exploration and refinery sectors, which normally sees high costs in their operations, will also affect the performance of those companies, she added.
The finance ministers of both France and Italy welcomed the deal, but also said they would monitor any impact on jobs in their respective countries.
The experience showcases Firmenich's imagination and creativity through music (sound), movies (sight), food (taste), fragrance (smell) and textures (touch), across four areas combining traditional Chinese aesthetics with modern Chinese beauty. They are called Serene Utopia, Multifaceted Me, Poetic Data and Root in Five.
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The event, staged at Le Sporting Monte-Carlo, welcomed some 400 invited guests from all disciplines of the sport as well as media representatives, business leaders, industry stakeholders and sponsors as well as new world champions.
The fact that Australian Foreign Minister Marise Payne and Defense Minister Linda Reynolds flew to Washington in the middle of a global pandemic to meet with their US counterparts was seen by some commentators as solidifying the alliance.
The expo reflects China's support for an open world economy, as "it promotes trade and generates greater benefits in general," Tang added.
The experts harvested the turtle's ovarian tissue and stored it in liquid nitrogen for future research. They are working on the carcass to determine the cause of death.