The remarks came after the second and the third largest telecom operator in the country announced in a rare move on Monday their cooperation on building and sharing 5G network infrastructure.
The report aroused wide attention as Tomb Sweeping Day, also known as Qingming Festival, falls on April 5 this year. It is a traditional Chinese holiday where people pay tribute to deceased family and friends.
The report said 96 percent of respondents were interested in using VR or AR technology to improve how they shop and 78 percent thought using a VR device was a fun way of shopping online.
The remote village of Hengkantou, in a mountainous area in eastern Zhejiang, was once home to a revolutionary base that fought Japanese aggression. Its economic situation has been poor since at least the turn of this century.
The report indicates that 50 percent of youngsters think the biggest pressure comes from their families urging them to marry when they are single, while social discussion and self-pressure are the second and the third respectively. If the ideal marriage partners do not come along, more women choose to wait than men.
The report pointed out several pain points of the world IoT, including lacking business system and mode to product goods for the public and lacking unified global standards.
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The report attributed the downturn to a falling corporate leverage ratio, which decreased by 1.1 percentage points to 155.7 percent in Q2.
The report has found that international retail brands have made great efforts in improving their online-and-offline integrations. In 2018, the online sales of the top 100 foreign-invested retailers increased 61.4 percent, 5.9 percentage points more than the average.
The report did not specify the China market performances, but De Feraudy said that China market has been growing at a fast pace in the past few quarters thanks to a handful of measures offering consumers easier access to the company's solutions, such as Tyre Plus, a network for tire replacement and automobile maintenance services.
The remarks came as the government is reportedly circulating a memo on Capitol Hill describing a possible proposal to expand background checks to all advertised commercial sales, including sales at gun shows.