Such enthusiasm for information sharing will release enormous marketing potential, Xu added.
Steven Zhang, chief economist at Morgan Stanley Huaxin Securities Co, attributed the uptick in the profits of larger industrial firms to a few factors, including demand-side improvement and the acceleration of production by Chinese exporters to avoid planned US tariff hikes.
Steve Easterbrook, president and chief executive officer of McDonald's Corp. [Photo/Agencies]
Such thinking is against the trends of the time and will harm the US economy as well, serving only to "lift a rock to drop on their own feet", he said in an interview with the China Global Television Network on Jan 16.
Students are seen in a school parking lot as school started amid coronavirus disease (COVID-19) jitters in Georgia, US July 31, 2020. [Photo/Agencies]
Stock markets in the Chinese mainland and Hong Kong may continue to benefit from the spillover effects. Already, shares of companies in sectors like infrastructure and construction have been rising in anticipation of huge projects in the new area.
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Stressing that China views Egypt as an important and long-term partner of cooperation in the development of the Belt and Road Initiative, Xi said China is willing to align the initiative with Egypt's Vision 2030 and Suez Canal Corridor Development Project, promote pragmatic cooperation between the two countries, and enhance collaboration in counter-terrorism and security areas.
Still, such incredible growth is really just the beginning of the story. In late November, a total of 28 leading global commercial banks signed a commitment that they would prioritize financing for environmentally friendly projects. This month, nine multinational development banks followed suit and signed their own climate alignment declaration.
Students from primary schools and junior high schools solve Sudoku puzzles at the national junior event. [PHOTO BY XING WEN/CHINA DAILY]
Students handing in something worth more than 1,000 yuan would receive 10 yuan as a reward paid by the student who lost the item, he said.