Yan, who joined the family business that primarily wholesales pricy fungus and vegetables to Japan and South Korea, notes that exports used to account for 90 percent of his company before 2014. Then domestic consumption of the fungus started to pick up.
Yan said a key business the company plans to develop would be asset securitization products.
Yale Zhang, managing director of consulting firm Automotive Foresight, said even if car sales still make some money, Suning's logic appears to be flawed from the very start.
Yanjian started exploring the Peruvian market in September 2009 with a refurbishing project of the state-owned Loayza Hospital in downtown Lima, a contract the company gained from the Chinese Ministry of Commerce.
Yale Zhang, managing director of the Shanghai-based consulting company Automotive Foresight, said China is likely to realize its goal of gaining a head start in smart cars based on a combination of factors.
Xu showed his excitement over the congress, which will open on Oct 18, during a meeting with reporters held by the State Council Information Office. "I hope I can get more ideas about the environment of employment or starting a business for youths in the congress and share them on the platform."
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Yang Zailian, the Party chief of the village of 4,600 farmers, was a major advocate for the program.
Years of effort spent on upgrading the economic structure and replacing the old growth drivers with the new drivers that are innovative, efficient and environmentally friendly have also boosted Shandong's exports, said Zhao Fengjie, deputy head of Jinan Customs.
Yao Guimei, a researcher of African studies at the Chinese Academy of Social Sciences, said in the symposium that the plan has tapped the potential for China-Africa cooperation and makes an important contribution to economic recovery in the participating countries.
Yao, who was extradited from Bulgaria in November 2018, said he agreed with the conviction and sentence and would not appeal to a higher court.