He added that new models and businesses are quickly emerging in China, including the acceleration of omnichannel transformation, e-commerce and the big data-driven digital economy, which are creating new ways of engaging with consumers.
He also said he is confident about introducing the new idea to Egypt, so he became the agent of the Chinese companies.
He also pointed out that China must firmly push forward the supply-side structural reform and seek economic transformation toward high-quality development, as it still faces complicated external and internal conditions, and long-standing problems like overcapacity.
He added that social commerce will become the mainstream method in the e-commerce industry, and will attract more tech giants and capital as the cost of acquiring consumers' data flow is relatively low.
He also said the basin is expected to receive another 100 to 150 mm of precipitation over the next three days.
Having renovated some of its historical western-style buildings at a cost of 10 billion yuan (.48 billion), Tianjin is hoping to lure more global securities and insurance companies to set up regional headquarters in the city.
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He also pointed out some critical challenges for smart cities, including developing the right level of governance and the right business model, as well as efficient execution of the plan.
He also noted that China's growth and development is "unprecedented" in terms of increasing urbanization from around 10 percent in 1949 to over 50 percent today.
Hays polled 3,000 employers from the Chinese mainland, Malaysia, Singapore, Japan and Hong Kong for the report. About 51 of the respondents from the Chinese mainland said their companies had a formal gender diversity policy in place by 2017, a slight increase from 50 percent in 2016. Among these companies, 28 percent claimed to adhere to the policy "fairly well" and another 19 percent ticked "well". However, 35 percent said they were unsure if their companies were strictly following the diversity policy instructions.
He also called for effectively implementing existing financial policies and adopting new supportive measures at the appropriate time.