Stoffer adds that competing solely on price with Amazon is dangerous territory for entrepreneurs.
Students from Zhonglianchuan Primary School, a soccer school on a mountain in Lanzhou, Gansu province, train in freezing temperatures on Jan 4, 2018. The school sits at an altitude of over 2,000 meters in an area with little rain throughout the year. Despite the harsh natural environment, children at the school dream of "representing the national team" in the future. [Photo/VCG]
Still there are 995,933 active COVID-19 cases in the country, while 3,942,360 people have been successfully cured and discharged from hospitals across the country.
Such a scene may not be too far from reality in China, thanks to government initiatives to develop "new infrastructure" that are steering the hustle and bustle of urban life into the fast lane, making it greener and smarter.
Students at Nyingchi Vocational and Technical School, Tibet autonomous region, learn to serve tea and work as chefs. [Photo by Zou Hong/China Daily]
Studies show developing countries in Asia will need about .7 trillion a year for infrastructure construction until 2030. Since 70 of the 100 transnational banks have branches in Hong Kong and the total initial public offerings on the Hong Kong Stock Exchange have been the highest worldwide in the past two years, it enjoys an incomparable advantage in providing a large percentage of those funds, and in the process helping to internationalize the yuan.
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Still, the oil giants are not taking any chances as they look to cash in on accelerating hybrid and e-car sales.
Strong manufacturing capability and complete industrial chains mean that trade in goods was the mainstay of China's international impact for long.
Still, Ximalaya has generated 60 million audio feeds produced by more than 200,000 "experts" from a wide range of fields, including banking, insurance, literature and human resources.
Such efforts are just a sample of China Mobile's push to offer systematic solutions to improve city management. So far, it has already partnered with more than 300 cities in building such pilot projects.