Top legislator Zhang Dejiang also met with the US delegation on Monday.
Tong Fu, president of the HNA Tech Group, said both outbound and domestic travel has proved to be a huge market with profound reach. With rapid technology development and the trend of consumption upgrades, the industry has witnessed changes and faced new challenges.
Together with established Chinese companies, including Huawei in the telecom field, Fosun in healthcare, Medtronic in medical devices, and BYD in autos, they are pushing the development of new, domestically created intellectual property.
Tourists walk along the mountain trail in the Longmen Canyon in Quzhou, East China’s Zhejiang province, in 2014. [Photo provided to China Daily]
Touted as the largest online entertainment platform for Generation Z-those born between 1990 and 2009-the company said in its IPO prospectus that it aims to enrich the everyday life of the younger generation in China with an ever-growing supply of creative content.
Toni Reid, Amazon’s vice president of Alexa Experiences and Echo Devices, speaks at the 2017 GeekWire Summit. (Photo by Dan DeLong for GeekWire)
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Total annual operating revenue of those enterprises stood at 188.2 trillion yuan (about 26.9 trillion U.S. dollars) in 2018, accounting for 68.2 percent of that from all companies in the country.
Trade plays a big role in the regional discrepancy, analysts noted, as fast-growing provinces Sichuan and Anhui reported a 59.5 percent and 25.9 percent rise separately in imports and exports.
Tong Hanfang's mother puts medicine on his father's feet on Aug 29, 2014. [Photo by Tong Hanfang for chinadaily.com.cn]
Total import and export volume of goods in Guangdong was down 7.1 percent year-on-year to 3.06 trillion yuan in the first half.