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, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks while chairing a symposium attended by economists and entrepreneurs to analyze economic situation.
Li explained that the new policy also will further simplify exit and entry procedures for yachts between Hainan, Hong Kong, and Macao, which will enable yachts from the two special administrative regions to sail between designated checkpoints in Hainan without having to complete entry procedures, as required before.
Li made the remarks at the press conference following the closing of the third session of the 13th National People's Congress, the nation's top legislature.
Li said due to the local government's supportive policies, his company is on a fast track toward generating growth.
Li noted that the integration of 5G with different sectors will be an important development, but work needs to be done to overcome a number of obstacles to the deployment of 5G in various sectors.
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Li said he believed newly emerging tools like predictive analysis can convert massive quantities of movie-goer reactions into actionable insights that guide the entire production, preview and promotion process of the films.
Like, it could bring about a reunion of parents and their long-lost children trafficked 27 years ago.
Like Tofteland, Duncan hopes that both nations sit down to discuss how to divide the economic pie more evenly instead of imposing tariffs on each other.
Li made the remark in a signed article in the Khmer Times, a Cambodian newspaper, one day before he kicks off his visit there on Wednesday and Thursday.