Jason Yu, general manager of Kantar Worldpanel China, said the move indicated Suning's ambition to further expand its portfolio in China despite its position as the leader in the retail industry.
Japan's experience of building its city clusters through a layout of diversified industries from the entire region could be beneficial, Zhu said.
Jiang Kaiyang, director of investment bank Taihecap, said there is extreme differentiation in financing in the education sector this year. While leading education firms receive funding easily, smaller ones are facing difficulty.
Jack Ma
JINAN - A court in east China has sentenced three people for smuggling 2,800 butterfly specimens into China, half of which are rare and protected species.
Jeff Bezos at Key Arena in Seattle on at a recent company meeting. (Instagram Photo / Eugene Hsu (@heuge)
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JLR is the first premium brand to deliver a mass-produced all-electric vehicle to customers.
Ji said: "What touched me most was that he, as a foreigner, could be so grateful for what the (Chinese) government had done, and tried his best to help the country overcome difficulties. I think the fight against the epidemic has brought us, both Chinese and foreigners, together. The virus doesn't classify by nation, neither should we. When there are difficulties, we should join efforts to get through them."
Ji pointed out that some Westerners, driven by paranoia about China's rise, are still prone to contain China's development through various means.
Javier Zuniga, dean of economics at Lima University, is the author of a report titled "Evolution and Outlook of the Peruvian Economy," which forecasts 2.6 percent growth for this year.