Li said the smartphone and television performance has been flat or weaker over the past year amid heavy competition from domestic smartphone brands like oppo and vivo. The company won't spin off the smartphone unit because it's a core part of the business, but it will likely go through a major restructuring this year, he said. TCL's smartphone shipments fell 39 percent in the first quarter of this year, according to the unit responsible for phone sales. The same subsidiary also builds BlackBerry and Alcatel phones, two brands hit by fading appeal.
Li said China is willing to strengthen cooperation in utilizing water resources, disaster prevention and relief, along with cultural and educational exchanges. China encourages competent domestic companies to invest in Albania and achieve win-win outcomes, he said.
Lin Ming, also the project's general manager, discussed the bridge's status in an exclusive interview Thursday with China Daily at a bridge construction site in Zhuhai, Guangdong province.
Li said the relations between the two countries are in a "golden age" and that they should further diversify cooperation because they share great complementary advantages.
Like in developed markets, China will likely see the advent of IP-protected toys, theme parks, fashion and even holiday packages involving cartoon figures based on film characters, he said.
Li's views were echoed by those of Eswar Prasad, a professor of trade policy at Cornell University in the US.
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Lianhua Qingwen capsule, a recommended patent TCM for the treatment of COVID-19, has got marketing approvals in more than 10 countries and regions.
Liang Yiming, a second-year student at the law school, said the system makes her feel safer because it prevents third parties from using a student's ID card to enter the school.
Lijiazhuang also developed cultural products like paper-cuttings, fans, books and magazines related to red culture, special agricultural products such as dates and sesame oil to attract visitors, he said.
Li said the new policies for IoT industry announced by the Wuxi government in February have expanded support for a range of fields, and highlighted a comprehensive support system that covers development, innovation, application and promotion, and industrial ecology. Eligible IT companies in Wuxi will be able to enjoy the benefits of these policies.