The report attributed such willingness to spend to the group's optimism on their future prospects since most grew up with improved income during China's rapid economic growth and continual urbanization.
The report on cross-Straits cold chain logistics cooperation includes an industrial index system for the first time. [Photo/CHINA DAILY]
The regional unemployment rate is projected to be around 13.5 percent by the end of 2020, 2 percentage points higher than projected in April and 5.4 percentage points higher than 2019's figure.
The report by IDC comprehensively analyzed the AI industry in China, and noted AI technology applications have already become the inner driving force for a company's development.
The report said Kim Jong-un visited the Kumsusan Palace of the Sun on the occasion of "the greatest national memorial day," on which his father Kim Jong-il died nine years ago.
The report also put the rise of China's brand value down to the world-class infrastructure and highly educated workforce in booming cities such as Beijing and Shanghai, listing them among the world's best places to do business.
关键词seo优化排名
The report said the rent declines in the Beijing office realty market would last until the end of 2021 or even the beginning of 2022. Following two stable years of growth expected in 2022 and 2023, the influx of more momentum demand is predicted to push rents back to an upward cycle by 2024.
The regular meetings between Chinese premier and Russian prime minister are an important platform for overall planning and promotion of pragmatic cooperation and cultural exchanges between the two sides, Zhao said.
The renewed confidence of overseas enterprises stems largely from the helping hand extended by Chinese authorities in matters like investment, production and business operations and has been enhanced by the country's efforts in ensuring orderly work resumption since the pandemic. This has played an important role in sustaining global supply chains, said the experts.
The report said there were 940 million internet users in China by the end of June, with about 381 million using it for educational purposes, 276 million for medical care and 199 million using it to work remotely. The number of hosts and viewers of e-commerce livestreams reached 309 million, up 44.3 million compared with three months earlier, it said, adding that it was the fastest-growing internet application.