Xu added that the result was a combination of factors, including industry capacity cuts, the economic climate, and increasing environmental awareness.
Xi-Trump meeting a success
Xie expected the curbs to get tougher and the number of targeted cities for the same to increase in the next six months.
Xu Hongcai, an economist with the China Center for International Economic Exchanges, said: "Even though the US industrial system is large and comprehensive in general, its manufacturing and consumer sectors have had much reliance on imports for many years. It won't be easy for the country to find alternatives to imports from China, because China still has advantages in price, supply chain and technologies."
Xiyou village, where Shi lives, gets its name from the classical Chinese novel, Journey to the West. The sprawling mountains around the village in the Xiangxi Tujia and Miao autonomous prefecture, Hunan province, used to be a paradise for macaques. However, human activities have made the animals scarce.
Xiao said the company was also looking not just to expand internationally but to focus on facilitating localization in overseas markets. "We'll further develop the overseas market. After making key inroads into the US market via PC and console games, we'll seek more opportunities in the Belt and Road markets."
北京搜索引擎优化排名
Xiao said it takes about 30 days for their steel to be shipped to Moscow, but now the shipping time is 10 days and costs have been cut by 5 percent due to a shortened shipping period.
Xiaomi and Huawei, joined by other Chinese electronics companies such as Oppo, are trying to explore new markets in Europe with ever-improving technologies and user-friendly innovations.
Xiaomi's original plan to open its first UK store in Westfield in the first week of November was delayed. Xiaomi confirmed that its new open date is scheduled on Sunday.
Xpeng launched its first model, the G3 compact SUV, in late 2018. Its second model, the P7 four-door coupe, hit the market in April.