The expo will offer Argentine businesses an opportunity to increase their exports to China, which are expected to grow faster over the next five years, said Yang.
The facility will showcase how advanced technologies, including hydrogen-based low-emission transport and geothermal-based district heating, can be adopted on a large scale by major emitting industries and enterprises, according to the ADB.
The festival's growth and its evolution "showcases the development of the Alibaba ecosystem over time, expanding well beyond e-commerce," said Alibaba CEO Daniel Zhang.
The fast development of e-commerce in China and the United States has given birth to a fast-growing business facilitating cross-border payment between e-commerce platforms and online stores.
The excess weight makes him unable to sleep at night. He can't breathe when he's lying in bed. It also forced him to quit his job at a machinery plant five years ago as he couldn't move around fast enough.
The film will open across China on the first day of the forthcoming Spring Festival, which will fall on Jan 25, 2020.
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The financing is led by Sequoia Capital. Other investors includes Tencent, YF Capital, Matrix Partners China and ZTwo Capital.
The film tells a story of an epic project to move the Earth and its 3.5 billion residents to a remote star system in the near future because the Sun is dying and is about to swallow up the Earth.
The expo, which has been held in Wuxi for the past two years, has become China's top internet of things (IoT) event and showcases the latest products, technologies, models and development trends related to the IoT.
The falls have forced Samsung to scale back its production in China. It is reportedly closing its factory in Tianjin after it ended production in Shenzhen, Guangdong province in April.