Li said private businesses' flexibility in management has given them a special advantage in innovation. The government's latest expression of support for private businesses also made him optimistic.
Like many commercial banks, the asset manager has invested in the development of financial technologies or fintech, such as artificial intelligence and big data analytics, to improve business efficiency, consistency and the level of customer service.
Liang Food was the first company to receive permission to operate its food trucks on July 28 following the unveiling of measures related to such vehicles by the Shanghai Municipal Commission of Commerce on July 22.
Like coach stations in most major cities, the one in Baoding is mainly used around Spring Festival by migrant workers heading home for the holiday.
Life in rural China has suddenly become so much easier for me to relate to. And the unprecedented poverty alleviation campaign taking place in the village is no longer a vague concept, but real people making real efforts and carrying out a range of measures to lead the country into an increasingly prosperous future.
Likewise, for Kimberly Miller, the first day back meant confronting the absence of her geography teacher, 35-year-old Scott Beigel.
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Li says they plan to set up between 800 and 1,000 smart vending machines across Hong Kong by the end of this year.
Lijiazhuang also developed cultural products like paper-cuttings, fans, books and magazines related to red culture, special agricultural products such as dates and sesame oil to attract visitors, he said.
Limited educational and medical resources and quality of baby products were among the top concerns for having another child, while 70 percent of the parents were worried about their financial condition and lack of care for the two children, the report showed.
Li said he was impressed by the West Kowloon terminus when he visited in the past two months. The 400,000-square-meter terminus is an architectural success and should apply for the Guinness world record as the biggest underground railway station in the world, he added.