Thanks to technological advancement, the capacity to collect, store and analyze data has revolutionized the centuries-old industry, transforming it from reliance on old-school risk management models to real-time, personalized online solutions powered by data and algorithms.
Tencent, China's top games publisher, owner of WeChat and backer of startups, said in a report its revenue from games reached 18.2 billion yuan (.8 billion) in the third quarter of 2017, up 84 percent year-on-year.
Thanks to these preventive measures, Xinjiang has witnessed a marked change in the social environment in recent years, and people have a much stronger sense of fulfillment, happiness and security, it adds.
That is also why Xi said a new contradiction is people's ever-growing needs for a beautiful life and China's unbalanced and inadequate development, resolving which is an imperative task in the new era.
That is, as the bits and bytes they stream translate into bits and bites enjoyed by the customers who buy the produce they market online.
Technology, he said, has obviated the need for front-desk people and sales people, and digitalized all the transactions and browsing activities. Mining app-user data and using proprietary algorithms, precious feedback can be funneled to fitness instructors, and classes arranged automatically for gym members.
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Thanks to the coordination of the central government, a large number of materials have been introduced to Wuhan recently to ensure the city has an abundant supply of daily necessities. They include 2,000 metric tons of central reserved meat, 80,000 tons of rice, 80,000 tons of flour, 120,000 tons of edible oil, 29,000 tons of vegetables, 2,900 tons of eggs and 12 million packs of instant noodles, officials said.
Tesla brought its Model S, Model X and Model 3 to the China International Import Expo held in November 2018 in Shanghai, aiming to reinforce its presence in the world's largest market for electric cars.
Thailand's tourism industry has recorded exponential growth in recent years, largely due to the influx of tourists from the Chinese mainland. But the pandemic has decimated tourism, not only in Thailand but worldwide, with airlines grounded and many national borders closed.
Tesla Inc is taking another step toward making cars in China, after reportedly inking a preliminary deal with the Shanghai government to set up a plant in the coastal city.