He added this deal is only a beginning of Yili's large-scale acquisitions in the next one or two years.
He also noted that in the future a laboratory would be set up in Shenzhen to incubate and accelerate the growth of startups.
He admits that an excellent leader may help to reinvigorate a company but said Xu Liuping should be mentally prepared for FAW's habitual resistance to reform.
He also encourages urges the Party to live by teachings of Communist Manifesto
He added that many Chinese consumers who were born in the 1960s and 1970s still prefer Chinese hotpot, and their acceptance level for foreign hotpot is lower than young people. Foreign hotpot operators should think about how to further develop their growth potential in those consumer groups.
He adds that China remains the world's largest developing country, but it is making persistent efforts to ensure access to health services, education and social guarantees for vulnerable groups.
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He added, “It would take a heavy lift politically and economically even to scale up to 2% of jet fuel demand through the use of relative low-hanging fruit of waste oil-to-jet pathways like World Energy is pursuing; achieving even higher blend levels (once all those waste oils have been used up) requires more technologically challenging fuel pathways with even higher costs.”
He Lifu, chief forecaster at the center, said the rainfall in the south will be the heaviest since the flood season began last month.
He added that in addition to political gains, the British government also wants to make financial gains, as any Hong Kong people it accepts cannot receive government welfare during the initial six years of residency before they are granted right of abode.
He also said that the nine mainland provinces and autonomous regions will continue to facilitate trade liberalization with Hong Kong and Macao.