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Speaking at the webinar panel titled "Tipping Point: Economic Impact of an Epidemic: A New Approach to Doing Business", Edward Chen Kwan-yiu, chairman of HKU School of Professional and Continuing Education, said every economic shock leaves a legacy, and the coronavirus will be no different. The world will be bracing for a "grand recession".

Soon, the company will launch new automated vending machines that operate on a 24-hour basis at unmanned kiosks to dispense fresh food.

Speaking of China's development model, she thinks that China is making a transition toward a new model, where domestic consumption supplements exports, and investments are done with a focus on quality rather than quantity.

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Soon after, four port of Shanghai managers spent a three-month training internship in Seattle, and returned to develop China's first container terminal in Shanghai.

South Korean President Moon Jae-in (R) shakes hands with Thailand's Prime Minister Prayut Chan-o-cha (L) during a joint press statement briefing at the ASEAN-Republic of Korea Commemorative Summit in Busan, South Korea, Nov 26, 2019. [Photo/Agencies]

Space weather is a relatively new field that examines the impact of the massive amount of electromagnetic radiation and energetic particles emitted by the sun on the Earth's geomagnetic field and outer atmosphere, Wang said.

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Speaking

Sound macroeconomic development contributed to the good performance in the first quarter, he said.

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Spencer (laughing): Oh, absolutely. One of the reasons we’re happy to have you is that you are right in the wheelhouse of everything that’s been going on here in the last few days, especially as we talk about innovation. If anyone epitomizes innovation, it’s you and your companies. How do you encourage employees to be innovative? We’ve talked a lot here about the “frozen middle,” how folks will have ideas and they can’t get them through. A lot of folks worry about the risk: “What’s going to happen if I make a mistake?” How do you encourage your employees to be innovative?

South Korea is an example because sales volume in the country has registered double-digit growth for three straight years, added Liao.