In the future, this kind of economy has broad room for growth as it can be expanded to more intangible sources such as time and space.
In the US and European markets, it is more common for the company to sell products for translational research, in part due to the discovery studies and population studies that have been done in universities there, he said.
In the end, it will be down to enticing a clientele that has universal horizons. "We're open to all of them," Yang said.
In the first five months, the gross revenue of SOEs reached 21.84 trillion yuan (.09 trillion), dropping by 7.7 percent year-on-year, compared with the 9.2 percent drop during the January-to-April period, the official data showed.
In the first 11 months, railway freight totaled 3.68 billion tons, up 8.7 percent year-on-year.
In the documentary, many ordinary Chinese people from different fields are invited to share their personal experiences in recent decades to reflect the huge development of society and the economy of the country.
张家口一颗活动义齿的价格
In the beauty and fashion sector, digital marketing has necessarily become more important because it is about gathering, analyzing and using vast amounts of consumer data to tailor marketing in a personalized way that has never before been possible, said Matthew Crabbe, Asia Pacific research director at consultancy Mintel.
In the field of remote work, China Unicom has helped sign a clutch of contracts. A software project signing ceremony was held through a video conference on Feb 7, with the two sides based in Beijing and Qingdao, East China's Shandong province, respectively. The event marked an innovative way to maintain economic growth amid novel coronavirus outbreak.
In the World Bank's October report on doing business, China ranked 31st among 190 economies, up 15 spots from the previous year.
In the conversation the presidents "gave a positive assessment to cooperation in the fight against the coronavirus infection", and the two had agreed to continue contacts at various levels, according to the Kremlin press office.