Lu Rongrong, general manager of Hanhai Investment, said that in the past two years, the festival has brought together 200 researchers, investors and entrepreneurs to give 20 keynote speeches, and participate in 16 panel discussions and four startup competitions involving more than 1,000 projects. More than 100 companies such as AliCloud and GeJu Business School have created opportunities through various events.
Lower-tier cities and small towns in China used to be regarded as less sophisticated, but the recent better-than-expected performance of some e-commerce and retail companies in such places has shown that they have impressive purchasing power as well as the potential to spawn new business opportunities outside the fiercely competitive markets in higher-tier cities, industry insiders said.
Luo also called for temperature checks on travelers at tourist sites and encouraged tourists to voluntarily report to local health authorities any possible infections.
Luo, 36, who holds a bachelor's and master's degree in calligraphy from the School of Arts and Communication at Beijing Normal University, has been teaching the ancient writing skill since his graduate study years. Now, he is a calligraphy teacher at an elementary school in Beijing and has been teaching adults calligraphy online for almost three years during his spare time.
Luckin Coffee CMO Yang Fei said the company has 1.25 million customers and that it sold 89.7 million cups of beverages last year.
Lu Mai, vice-chairman and secretary-general of the CDRF, said the country must be prepared to adapt to the changes and meet the challenges.
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Lui has received many accolades. In June, she was elected as a representative of the 19th National Congress of the Communist Party of China, which will open on Oct 18.
Luo also condemned some people for exploiting the health crisis to polarize society for political agendas, and urged residents to stay calm and not to be misled by rumors.
MACAO - Chinese President Xi Jinping on Thursday evening attended a grand gala in celebration of the 20th anniversary of Macao's return to the motherland.
Luckin Coffee Inc, the Chinese chain in deep crisis for fabricating sales data, disclosed on April 2 that its 2019 revenue was inflated by about 2.2 billion yuan (0 million), thus admitting to short seller Muddy Water's earlier allegation.