The drop is partly a result of the rising budgets for online movies, which as the survey also shows, have grown a hundredfold, surging from several hundred thousand yuan in 2015 to tens of millions of yuan in 2018.
The emphasis on fostering new product categories in the upcoming Nov 11 event will center around cosmetics, baby and maternal, health and fitness, food, and pet goods, said Liu Yiman, Tmall Global's general manager.
The driverless permits are a key milestone in Baidu's plan to build a commercial autonomous driving business. The company's AI-powered autonomous vehicles are now capable of operating in complex urban road conditions, it said.
The effect of VAT reduction is not limited to reduce enterprises' tax burden in quantity and scale and its further significance is to promote enterprises to achieve high-tech and high-quality development, which plays a crucial role in maintaining Chinese economic development at a reasonable range, Zhang said.
The draft regulation says that from July 1, businesses selling oversized bikes or helping customers to illegally modify vehicles will be stripped of their licenses.
The drug was recognized by China's top food and drug authorities as "a paragon of adapting TCM to modern medicine".
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The entrepreneurs will also set an example in helping to bring in talented management professionals, who are in short supply in Hainan, he added. And their suggestions and experience in helping to upgrade the business environment will help Hainan catch up with advanced cities like Shanghai and Shenzhen and become a national leader.
The epidemic has yet to be contained in Hong Kong, and massive virus testing has proved to be the most effective means to help cut the transmission chains around the world, said the spokesperson.
The entire footprint for the location, including space for back stock and more, is 10,400 square feet. But the store will not serve as a hub for grocery delivery, the company said.
The elections will see Ghani face off against his own Chief Executive, Abdullah Abdullah, and more than a dozen other candidates.