It turns out that China's model solved the key problem of developing countries - it mobilized the capital needed for development and at the same time ensured that most of this capital went to productive uses.
It was downgraded a few hours later as it swept westward across Luzon at the speed of 25 km per hour. It is forecast to weaken further into a severe tropical storm as it is heading towards the South China Sea.
It was estimated that 450 million Chinese people would travel during the weeklong holiday this year. But most travelers canceled their trips to prevent possible infection from the virus due to exposure in public spaces.
It was launched under an agreement of scientific exchange of know-how and comparative scientific study that has been signed between the two parties in April 2019 in China.
It will thus set the stage for a cluster of mega-sized deals that will likely follow suit, they said.
It was the first time for Huang Yulian, a resident from Xi'an, Northwest China's Shaanxi province, and her family to visit the US.
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It will be a key project for the Chinese and Vietnamese governments to promote infrastructure, sharing of capacity and interconnectivity, officials said.
It will seek to customize solutions based on the varying needs and application scenarios of different industries and clients.
It took roughly 20 years for technology to advance from a chip with a single transistor, to one with 1000.
It will be the first bilateral meeting since the Sino-US trade dispute escalated in June, attracting lots of attention and high expectations.