The rented container looks more like a small apartment with a folded bed and a bathroom in Hangzhou, East China's Zhejiang province, on Sept 20, 2017. [Photo/IC]
The report further said that an app used for parking services takes too long to verify for some users.
The report said there were 5,010 outbound and domestic M&A deals in the first six months of this year. The total value of those deals was 2.9 billion, down 20 percent compared with the second half of 2016.
The report found that the 2,500 companies invested a combined total of 736.4 billion euro in R&D, an increase of 8.3 percent compared to 2016/17.
The report prioritized transparency as one of the three core principles that BRI participating economies should comply with to maximize benefits and mitigate risks brought by the initiative.
The relationship has gone far beyond trade and investment. China and the EU are strong advocates of globalization and multilateralism, and oppose rising unilateralism and protectionism. China and the EU have cooperated closely in implementing the Paris climate accord and sustaining the Iran nuclear deal, while the United States has pulled out of the agreements.
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The report predicted that China's sharing economy will grow at an average annual rate of 40 percent over the next few years to account for more than 10 percent of the country's GDP by 2020.
The renowned Sinan Book Club from Shanghai debuted at the book fair this time, with a conversation on Thursday between guests from China and Germany on the vitality and international influence of online literature. It was jointly organized by Shanghai Writers' Association and Shanghai Century Publishing Group.
The report says South Asia will remain the fastest growing of all subregions in Asia and the Pacific, with growth on track to meet original projections of 7.0 percent in 2017 and 7.2 percent in 2018. India, the subregion's largest economy, is expected to achieve previous growth projections 7.4 percent in 2017 and 7.6 percent in 2018, primarily from strong consumption, the report says.
The report says the increase in violence is tied to the pandemic as “security, health, and money worries create tensions and strains accentuated by the cramped and confined living conditions”.