He said renting luxury products is not a necessity for many Chinese consumers, because the purchasing power for such products in China is now bigger than in other developing economies.
He said it was unusual to see such a large number of cancellations after many had already paid deposits.
He said Canon has been paying close attention to the development of the Guangdong-Hong Kong-Macao Greater Bay Area and has been actively deploying a strategic business approach to help it further expand its presence in the region.
He said China will continue to push for structural adjustment in trade, carry on innovative reform, coordinate the balanced development of trade and investment, and maintain the stabilizing trend of trade.
He pointed out that the global primary energy demand growth in 2018 appeared stronger than expected, because of a combination of weather-related effects and a further unwinding of industrial effects in China.
He said that China had found huge success in the "resource mobilization" phase of economic development -- building up its capital stock of factories, infrastructure, and cities. It is now attempting to transit to a "resource efficiency" phase. But as history has shown, it's not a straightforward process.
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He said that China had a global trade surplus of nearly 10 percent of its GDP five years ago (it was actually 10 years ago), and everybody said it was a problem.
He said Hainan residents have more to expect from the positive list of duty-free goods, which will be released later this year."It will make it possible for local residents to buy goods of international brands and improve the quality of daily life".
He said educators should work with society to eliminate prejudice against the police, and teach students to make a clear distinction between right and wrong.
He said a goal of the event is to emphasize the new artists from China, some of whom are working with Western art forms, and others are reinterpreting traditional Chinese art forms or instruments through contemporary devices.