This meant Sunvim had to slash prices to match its competitors', which squeezed its profit, said Xiao.
This should also apply to the most-hit sectors and corporates. Although payments to these businesses may not shore up demand as strongly as infrastructure investment, society should be responsible for these groups that got hurt.
This is the latest development as cities near Shanghai have been in a rush to build their own airports in recent years. They include Nantong and Jiaxing, along with Shanghai's Chongming and Fengxian districts.
This has been the broad trend for a while now, and is largely true of even investments in the local as well as global startup ecosystems. This may appear progressive, even visionary, in the normal course of events. But, both history-wars, scandals, recessions, depressions, natural disasters, pandemics, new technologies and geopolitical factors-and the novel coronavirus have shown potential game-changers are only to be expected.
This is to ensure location-based services, which can drive insight from data tied to a specific location where activities take place, are applied in various scenarios, said Gui Lin, a professor at the School of Electronic Information and Electrical Engineering at the university.
This is the first time the "congestion index" has shown signs of going down since Gaode Maps launched the index across the country in 2014.
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This study has suggested that the father, by causing his Phlda2 gene to be silent in the fetus, could affect the nurturing behavior of the mother after his offspring have been born, since changes in the mother's priorities during gestation and after birth are critically important for the wellbeing of the new baby and their lifelong mental health.
This is the latest effort made by the administration to promote the reform of internet-based government affairs.
This is not the first time Western countries are wielding the "fair trade" weapon against their foreign competitors. Way back in the 1880s when, as emerging industrialized countries, the US and Germany together offered fierce competition to industrialized Britain, several industrial associations and organizations were set up in Britain to lobby the government to work out protectionist measures against foreign competitors. A century later, the US, a long-time advocate of "free trade" changed its tone and began imposing sanctions on Japan and some European countries on the pretext of "fair competition" and "mutual reciprocity".
This lofty goal of China's diplomacy in the new era has been written into the Constitution of China and the Constitution of the Communist Party of China. It is also endorsed in the documents of important regional and international organisations including the UN.