Gu Fan, vice-president of Amazon China, expressed confidence about the upcoming Black Friday shopping spree, saying that maternal and infant products are favored by Chinese consumers, who are seeking highly authentic and high-quality products from all over the world.
Greater reduction in taxes and fees will help enterprises and boost industrial upgrading, Li said. More job opportunities should be cultivated to boost the development of new economic drivers, focusing on key groups and diverse ways of creating new jobs that will create more social wealth, he said.
Green finance-a concept still unfamiliar to most-entered the economic lexicon last week after the central government decided to set up five pilot zones nationwide.
Gopinath also noted this crisis "will likely leave scars well into the medium term," as labor markets take time to heal, investment is held back by uncertainty and balance sheet problems, and lost schooling impairs human capital.
Globalization has been an important strategy for Haier. It acquired New Zealand's home appliances giant Fisher& Paykel last year and General Electric Appliances in 2016. It entered the European market in 2010 and has committed 1 billion euros worth to raising "brand equity and awareness over the next four years", especially in the premium market, said Yannick Fierling, CEO of Haier Europe, at a news conference in early September. The company will open 11 new European offices during the same period, he said.
Government data also showed a swift growth in high-tech and high value-added new industrial products last month. 3D printers led the growth by expanding 152.9 percent in August, followed by smart bands and solar industrial ultra-clear glass.
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Gu Yi, director of Fengxiang comprehensive bonded zone, said the zone has been focused on bringing in companies in the healthcare and medical equipment industry.
Greg Hands, British minister of state in the Department for International Trade, said the new line shows the global demand for UK goods.
Google says it has developed an artificial intelligence system that can detect the presence of breast cancer more accurately than doctors can.
Google unveiled a significant update to Classroom, called Classwork. (GeekWire Photo / Frank Catalano)