Traditional service industries of transportation, tourism and building accounted for 65.6 percent of the total service trade value, 1.1 percentage points lower than the previous year.
Tourism companies in 25 provinces and regions have gradually resumed work since mid–March, as Chinese residents who have been in quarantine and telecommuting for over two months since the Spring Festival holiday show a strong desire for travel, the report said.
Traditional car manufacturers are also ramping up efforts to promote the large-scale commercialization of self-driving technologies.
Tourists visit the Lionsgate Entertainment World theme park in the Hengqin New Area in Zhuhai, Guangdong province. [Photo by
Trade between China and Victoria was worth .74 billion in Financial Year 2016, with China having notable investments in all Victoria's key industry sectors.
Traditional Chinese culture has become an important influence in Ganin's art. "China has many art styles, some of which can be used in modern arts, for example, clothes design," he said. "I also like Chinese characters. These pictographic words are really interesting."
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Tradition-related merchandise these days is seen as intellectual property as it can get younger consumers' attention and unlock their purchasing power.
Tony Blair [China Daily]
Tommy Tang, senior investment manager at GGV, pointed out that in China, the secondhand house and vehicle markets are now relatively mature.
Traffic has ticked up but remains low. In response, the Chicago-based carrier said Wednesday that as many as 36,000 employees, or about 45 percent of its US staff and more than a third of its entire workforce of 95,000, could face layoffs starting Oct 1.