That "will bring back trillions of dollars that are offshore to be invested here in the United States, to purchase capital and to create jobs," he said.
That is part of MIIT's broader plan to cultivate 600 such SMEs, which work in a market segment and master key technologies with strong innovation ability and big market share. These "little giants" are roughly the same as "hidden champions", a term coined by German author Hermann Simon to describe the small, highly specialized world market leaders in Germany.
Thanks to the BMW Group's efforts and measures, the Chinese market has become a significant growth driver for its worldwide sales.
Texas reported the country's most cases, standing at 1,206,248, followed by California with 1,179,857 cases, and Florida with 979,020 cases. Illinois registered 705,063 cases and New York confirmed 628,375 cases.
Tens of thousands of medical personnel began returning home in the middle March, as the pandemic markedly improved in Wuhan, the city hit hardest by novel coronavirus in China.
That is why the SAR government has no excuse not to abandon active noninterventionism for good and integrate Hong Kong's development into the nation's overall development strategy.
seo优化排名技术
Technology-savvy Chinese consumers have contributed to the growth of Chinese e-commerce platforms like Alibaba Group Holding Ltd and JD over the last two decades, on the back of fast deliveries, low costs and convenient user experiences.
Thai eatery wins official seal of approval
Tencent Chief Executive Pony Ma Huateng's book Guangdong-Hong Kong-Macao Greater Bay Area: Digital revolution Opens Chinese Bay Era made its debut in Shenzhen on Sunday. The book analyses the experiences and trends of other bay areas in the world, proposes a development path for the Pearl River Bay Area and draws an outline of its future.
Tesla Inc's stock dropped about 5 percent to 5.31 in after-hours trading on Wednesday.