Leading economic and social theorist Jeremy Rifkin, author of The Third Industrial Revolution, has said that China will lead the process, which is about merging internet technology and renewable energies to create a new intelligent infrastructure that achieves high efficiency and productivity and near-zero marginal costs.
Latest move to help boost Chinese exports to EU, reduce product prices
Lee was convicted of collecting 5.9 billion won (.2 million) in bribes from Samsung Group, the country's biggest family-controlled conglomerate.
Late last year, China made it clear that "houses are built to be inhabited, not for speculation," according to a document issued after the central economic work conference.
Lee was speaking on Monday in Seoul at a sharing event of China-South Korea friendly exchange stories. Organized by the Guangzhou Municipal Government Information Office, the event aimed to deepen the cooperation and communication between the two countries, while promoting mutual understanding among the people.
Lawmakers also acknowledged the necessity of the draft decision on Hainan and suggested it be approved at the session.
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Later, a large number of SARS-related coronaviruses were found in horseshoe bats. Scientists believe that the strain probably originated in the bats, and later passed through civets before reaching humans.
Lei Jun, founder and CEO of Chinese smartphone maker Xiaomi Corp, said at the conference that he is confident about future growth with the deepening of reform and opening-up.
Law enforcement officials have been dispatched in nearly 70,000 shifts to regulate tourists, the commission said.
Latte-art masters from Britain, the US, South Korea and China presented their skills each day between 3 pm to 4 pm before handing the stage over to baristas from Shanghai, Beijing, Suzhou and Xi'an.