The lower-tier cities and towns are a huge blue sea market, which has become a new track for various industries, said Zhang Jindong, chairman of Suning, another retail giant, adding the company is beefing up its digitalization push in these markets.
The loss in Shenzhen, the second largest city in the province, is not included in the figures.
The library pairs with Twitch’s automatic detection of copyrighted audio, which the company launched last year. Streamers who play tracks they don’t have a license to broadcast will find recordings of their streaming sessions muted for 45 minutes at a time around the offending track. Tracks included in the music library won’t trigger the muting system.
The loan will focus on three provinces in China, including Hubei, Guangdong and Henan, hit hardest by COVID-19. It will finance urgent and unexpected public health expenditures, including purchases of equipment and emergency supplies, and support the building of hospitals and labs, the Ministry of Finance said.
The location of the expo, Shanghai, is especially a wise choice, according to experts.
The main field that comes to mind is tourism. China has leveraged its long history and major cultural heritage, making it a deeply interesting country for international tourists. Chinese people have also discovered the joy of traveling abroad, to see and learn about different cultures.
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The letter came after the Trump administration unilaterally imposed tariffs on steel and aluminum imports in the name of national security.
The market for 3D printing in China is booming as the technology is being tested in nearly all possible applications, from housing to food, clothing and surgery.
The magic of the iPhone brand seems to be fading in China as consumers in the world's largest smartphone market greeted Apple Inc's latest handsets with less than the usual level of enthusiasm.
The market has slumped badly in the past several weeks, but it hasn't fallen in a straight line. Volatility is spiking, and huge sell-offs have been interspersed with big gains, including October 16's 548-point jump for the Dow and October 12's 287-point gain.