He added that the development of software and information services, especially innovative development, has injected new vitality into the restructuring of industries in the city, which has moved factories from the downtown to suburban areas.
He added that it will also be used for the expansion of new businesses, as the company just launched its new business — E Raccoon English, an online English learning platform, earlier this month.
He adds that despite the model being in a very early stage - thus eating up time and money to deploy better equipment, including newer technologies such as the latest turbine power generation equipment - it will be sustainable and adapt to market changes. "Moreover, promoting the construction of steel-structured buildings certainly can be an effective way to cut construction waste and protect the environment. It also has the value of being a strategic reserve."
He also said good after-sales service helped Nuctech to succeed overseas. The company established various after-sales service centers across 170 countries and regions in the world.
He also serves as the director of the Barts Cancer Institute in the UK.
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.
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He also said the US was “capricious”, as the two sides had achieved a positive outcome in the agriculture and energy sectors during talks in Washington in May and in Beijing in early June, but the US has been “acting unpredictably” with its policymaking and holding “big sticks” for negotiations.
He added that because the Initiative did not set any prerequisites for participation, it would help narrow that gap by increasing international connectivity, enhancing communications and contributing to more even distribution of the global value chain.
He added that the problem has been alleviated after the NPC Standing Committee strengthened inspections based on the Statistics Law last year.
He added that friendly exchanges and win-win cooperation have always been the main theme of China-South Korea diplomatic relations since they were forged 25 years ago, while China places importance on its relations with South Korea.