Small firms to benefit from govt measures to control risks and prevent local labor market shocks, say industry experts
Smart machine vs smart human
So far, wines from Ningxia have exported to more than 20 countries and regions, including France, Germany, US and Australia. Meanwhile, domestic sales also keep rising as China has been the fifth largest wine consumer in the world.
Skvernelis's comments followed his participation in the sixth meeting of heads of government of China and 16 Central and Eastern European countries (CEEC) is underway in the Hungarian capital of Budapest.
Snack carts were introduced in the 1990s when a booming economy led to a groundswell of consumer goods, and the business became lucrative thanks to the large numbers of passengers. One vendor with a cart could sell 10,000 yuan worth of goods during one trip, Yang Weijian said, though most passengers still favored cheap snacks.
So which segment is fueling this growth, one may tend to ask, especially as fruity, flavored white and sparkling wines are among the preferred choices in China. Red wine is undoubtedly the market leader in China and the best-selling due to cultural traditions and the "health benefits associated with it", said Keeling.
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Sinotruk has clear plans to keep the momentum going, its chairman Wang Bozhi said. "By the end of this year, we are planning to set up three research and development centers in Hong Kong, Denver in the United States, and Munich in Germany."
So far more than 30,000 collections of cliff paintings have been found in Alxa Right Banner, offering precious material for Chinese archeological and anthropological research.
Social media giants should operate under the same conditions as the print and broadcast media, and the services they provide need to be safe, Morrison said.
So, Wang and his company have lost almost 200 million yuan over the deal.