This event is set to add to the competitiveness of the city, which reported the nation's largest GDP of 3.01 trillion yuan (9 billion) in 2017, up 6.9 percent year-on-year, and the first to pass the 3-trillion-yuan mark.
This said, China's opening-up will be an incremental process. In retrospect, a modest step of opening-up may sometimes yield enormous benefits. For example, five years ago we simplified the procedure for getting passports and traveling overseas. As a result, the number of outbound trips made by Chinese citizens surged from 70 million to 130 million last year, most of them being tourists and shoppers. In making sense of China's opening-up, one needs to pay attention to the concrete steps in specific areas, but more importantly take a panoramic and long-term view. I also want to emphasize that opening needs to work both ways. It's like rowing a boat: if only one of the two oarspeople is giving it their best, the boat will just keep turning on the spot. They'll only move forward if both are working in the same direction.
This photo dated Oct 28, 2014 shows the Central Government Offices at Tamar, Hong Kong. [PHOTO/HKSAR GOVERNMENT]
This drastic shift in the balance of economic power may have significant implications for investors' equity portfolios if they seek exposure from financial assets that may benefit from this growth trend.
This photo shows the entrance to the United States Postal Service (USPS) Processing and Distribution Center (P&DC) in Los Angeles on Oct 24, 2018. [Photo/VCG]
This is a sign that China is maturing as an automotive market, he added, as these problems are more usually associated with developed markets such as the United States.
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This came two years after Flynn pleaded guilty to the FBI for lying about his contacts with Russia during Trump's presidential transition period.
This means at least a 20-percent price margin, which leaves great market potential, she added.
This pioneering offline-to-online move enabled users to instantly, and conveniently, "gift" a Starbucks beverage or digital gift card to friends or family.
This is exactly the case for Feng, who is currently working in a small investment agency with a staff strength of just 10. What is more important, she said, is that the salary is competitive, her boss is competent, and there are sufficient opportunities for growth in the workspace.