Many people completely ignore the fact that what is going on in China is a massive internalization of its demand. A lot of production taking place in China is just not being exported, as the internal demand is so great, Gill said.
Many youngsters have spent their summer holiday watching, and sometimes helping, their parents in a factory in Fujian province. Zhang Yizhi and Xia Xiao report for Xinhua.
Many companies are working behind the scenes to develop and apply cutting-edge technologies to fight the coronavirus outbreak. State-Owned China National Building Material Group Co Ltd is one of those.
Many countries in the region still rely heavily on fossil fuels for energy.
Maslov said other factors include a successful regulation of agriculture purchase prices and the closure of "zombie companies", i.e. inefficient enterprises which are basically bankrupt or are only kept alive by bank loans.
Marie Dalgar opened China's first self-service cosmetics shop in Shanghai last year-in the shape of a colorful train. Apart from vending machines, on which consumers can play games to buy lipsticks, it uses robots to interact with customers and guide them in making purchases.
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Many other participants at the forum also expressed their positive outlooks on the BRI.
Many US brands joined this year’s festival for the first time. Foot Locker Inc, one of the largest sportswear and footwear retailers in the United States, debuted its online store on Tmall.
Masked protesters, armed with poles and hats, escalated their violence in the afternoon and evening. They blocked various roads in Tsuen Wan, paralyzing traffic in the vicinity.
Mao Shengyong, an NBS spokesman, said: "Housing prices in the 70 major cities remained stable in January and February and the volume of commercial property sold mildly decreased, mainly due to seasonal factors and the new phase of development the industry is witnessing."