Looking into the second half, economists expected steady growth in consumption and high-tech sectors, but cautioned that downside risks may arise from lingering trade tensions and a softening global economy. Domestically, signs of a lackluster manufacturing sector and weakening property investment should also be noted, they said.
Liu's firm has already signed up Suning, a large electronics firm that also runs a network of small supermarkets.
Looking ahead to the year, Liu believes China-UK relations will have new opportunities in 2018. He described the UK Prime Minister Theresa May’s visit to China last week as a “great success”, as the leaders of the two countries reached a series of important consensus on enhancing the strategic nature of China-UK bilateral relations.
Livestreaming is big business in China. It generates huge profits for the host websites and catapults many presenters to overnight fame.
Logistic giant SF Express on Thursday announced it has signed a strategic cooperation agreement with China International Marine Containers (Group) Co Ltd, the country's largest transportation equipment producer by revenue.
Located in Xinjiang Uygur autonomous region, Korla is an important transport hub and distribution center. Air China flies routes from Korla to Beijing, Chengdu, Lanzhou, Hangzhou and Wuhan.
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Local police guarded the site for more than three days, until the concrete was fully solidified. After the police left, however, the plant was overwhelmed by hundreds of local villagers, who broke through the concrete and stole the meat to sell, according to a report by Yunnan TV on Thursday.
Local custom offices of Huangpu, Dalian, Nanning and Shenzhen had recently detected harmful pests including Pseudomonas syringae, the GAC said and suggested that they strengthen quarantine on Canadian canola imports and report the results to the GAC.
Local fire department of Quanzhou City has sent more than 200 fire fighters to the site, while Fujian Province dispatched 11 search and rescue teams with over 800 fire fighters and seven rescue dogs.
Looking ahead, the local government not only plans to put more effort into building an ecological civilization but stands out as a national pilot zone for the concept.