The world's top 10 pharmaceutical companies and top 14 medical device companies are having a strong presence during the exhibition, demonstrating international enterprises’ further aspirations to be accessible to the massive Chinese market.
There are now more than 4.8 million apps available to Chinese users, according to the administration.
There are other major reasons for an optimistic market stance.
The world's second largest economy will further open up its financial market to promote the internationalization of the Chinese yuan and capital account convertibility in a steady pace, Xi added.
The yuan's pricing mechanism has been revamped over the past years to become more market-oriented as China has been keen to push for the internationalization of the currency.
The world is undergoing a new round of major development, great change and profound readjustment.
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The “gold rush” companies of the past share certain traits — including becoming prominent civic leaders and philanthropic donors. These days, it’s rare to open an arts program or peruse a donor list for a nonprofit group and not find some, if not all, of these companies thanked for their generous gifts. Some wonder if Amazon could be joining their ranks.
The youngest children and 225,000 students with advanced special needs will be the first to return. Elementary schools will open on Sept 29, and middle and high schools will open on Oct 1.
Then, everyone’s remote. What does remote mean? You need more processing power, because instead of talking to people in conference rooms, you’re talking to them over Zoom. So this unquenchable thirst for the new oil, if you will, of processing power. Well, who’s there? Who’s the biggest cloud provider of computing power? There’s Amazon. Oh, wait, what are we doing at home? We’re watching a lot of video. Let’s check out Amazon Prime Video. It’s literally as if Jeff Bezos does have a crystal ball and said, I’m going to design a company around a pandemic.
Then on Friday morning, China's Ministry of Commerce announced it is considering a tariff increase on imports of some products from the United States to make up for losses caused by the US tariff on steel and aluminum imports from China.