Yan's comments came after official data showed that China's non-financial outbound FDI plunged 45.8 percent year-on-year in the first half of 2017 to .19 billion, according to the Ministry of Commerce.
YCloset charges a monthly membership fee of 499 yuan, allowing users to rent an unlimited number of items during that period. It does not charge additional fees for delivery and cleaning, and users can also buy outfits at a reasonable price instead of simply renting them.
Xu said the bank will continue to promote innovation in technological applications and business models, and better serve private enterprises and the real economy.
Yang Hua, secretary-general of the Telecommunication Development Industry Alliance, said telecom equipments that use different frequencies also differ greatly in signal and information channels. Every time a telecom frequency is changed, it will take eight to 10 months to redevelop products.
Yang suggested the two countries carry out pragmatic cooperation to gradually turn confrontational thinking into more cooperative engagement.
Yan Jianjun and three other gang members were stabbed by Yu Huan in April 2016 after they beat and insulted the 22-year-old and his mother when collecting debts in Liaocheng, Shandong province.
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Yang said he is "not afraid at all" as he raised a few cats at home when he was a child, adding that a "tiger is a cat, just much bigger".
Yan Yuejin, research director at E-house China R&D Institute, agreed and said such policies are likely to spread in China.
Xu's comments resonate with the company's overall AI strategies including boosting research and development, and developing an open ecosystem as well as using the technology to drive operational efficiency.
Yao said she had to switch the company's focus to domestic tourism in the hope of surviving. However, she believes Chinese tourists will return to drive market recovery once the pandemic is over.