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He also noted that, since the two countries established a comprehensive strategic partnership in 2004, bilateral trade and investment have grown steadily, and cooperation in areas including energy, finance and high-end manufacturing has expanded.

He also promised to produce results of mutual benefits from Alibaba's investments in Thailand by the end of 2019 when he met with Thai Prime Minister Prayuth Chan-ocha before the signing ceremony.

He added that in this way, the countries would have stimulated massive production and increased exports to the quota and tariff free markets and thus earning the country huge foreign exchange.

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He also talked for the first time in public about the company’s plans to launch its own satellite broadband service, Project Kuiper, expected to compete with services from companies including SpaceX, OneWeb, Telesat and LeoSat Technologies

He Baoxiang, vice-governor of Hunan province, said the expo is expected to yield fruitful results.

He Yipeng, general manager of BYD Europe, said the entry into the German market indicates recognition of BYD's technology and products by the local government and the public transport operator.

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He added that Anta must build up its own capacity to innovate to ensure that they can rival international brands to "provide consumers with value-for-money sportswear products of high international standards".

Having worked in the traditional newspaper world for many years, I agree with Denton’s bold suggestion. The print operations at many American newspapers are weighing down the ability for the organizations to innovate online, and that spiral needs to change if they are going to survive.

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Having recently been rated as one of the top 10 female entrepreneurs in tech in a report released by Ali Research Institute, China Entrep Mulan Club and Alibaba Innovation Center, Zhang believes her qualities of rational thinking, being tech-savvy, intuition and sensitivity to fashion and trends give her advantages over male entrepreneurs.

He Jianmin, a professor of tourism management at Shanghai University of Finance and Economics, said: "Outbound cruise liners have also canceled routes to South Korea since March last year, but the industry kept expanding."