The company has been purchasing construction materials and daily supplies locally. It has also hired a large number of residents to help lift them out of poverty, said Wang Jinzhong, Party secretary of the China Railway Hotan-Ruoqiang Group.
The comments came after a cross-border communication channel in the truce village of Panmunjom was reopened Wednesday amid rising expectations for the DPRK's participation in the PyeongChang Winter Olympics in the ROK.
The company forecast continued uncertainties in the global auto market, caused by stiffer competition and changed market environment amid the worldwide trend of low growth.
The companies said the latest initiative-which coincided with the launch of the first JD-Walmart 8.8 omni-channel shopping festival on Aug 8-aimed to offer shoppers nationally faster and more convenient access through multiple channels.
The company has been accused of misleading consumers, some of whom were bankrupted or died.
The company has invested heavily in economies involved in the initiative, with the production capacity of its projects surpassing 1 gigawatt, the equivalent of 1 billion watts.
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The commission also wants more condoms to be available in public places such as hotels, and increased efforts made to crack down on crimes that may lead to HIV transmission.
The company filed a similar lawsuit last year against an Illinois-based affiliate marketing company, First Impression Interactive, and won prohibitions against use of the Amazon brand by that company.
The company acknowledged the rapid development of mobile payment services led by Chinese third-party payment companies such as Alipay, the digital wallet run by e-commerce giant Alibaba Group, and WeChat Wallet owned by Tencent Holdings, but Keung doesn't seem worried.
The company aims to help Chinese companies thrive in complex market environments overseas, increase project efficiency and enter into mature markets, by providing technologies and a complete portfolio ranging from intelligent manufacturing, power generation and power transmission solutions to pioneering infrastructure and smart cities solutions.