Investors have been quick to embrace the new sharing economy model. In September, YCloset completed an undisclosed strategic fundraising round from e-commerce giant Alibaba Group Holding. It also secured a US million fundraising round in September last year, led by Alibaba Innovation Ventures, Soft-Bank China Capital and Sequoia Capital China.
Intellectual property rights should be better protected to nurture entrepreneurship. Fiscal reform such as budget and value-added tax reforms should be advanced.
Initiated in March 2011, the service has expanded rapidly and is expected to rise to 5,000 trips in 2020. Faster than sea and cheaper than air, China now has express freight service to 36 European cities.
Initiated by Premier Li Keqiang at the 2014 Summer Davos in Tianjin, the mass entrepreneurship and innovation program has become a craze sweeping the nation.
International morality and the trend of the times will stand with countries and people who love peace all over the world, he said.
Insignia Hair Salon stylist Regina Muslimova cleans her station after giving a haircut in the parking lot behind her salon on July 21, 2020 in Walnut Creek, California. [Photo/Agencies]
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Investors concluded that the company expanded rapidly at great expense and that losses would continue long into the future because there was no clear path to profitability.
Iran's Revolutionary Guard Corps said it had shot down a US unmanned aircraft RQ-4 Global Hawk on Thursday, which prompted accusations from Washington and Teheran about who was the aggressor.
Invited by Russian President Vladimir Putin, German President Frank-Walter Steinmeier and Chancellor Angela Merkel, Xi paid state visits to the two countries from July 3 to 6, and attended the G20 Hamburg summit from July 7 to 8.
Inspection of a national crackdown on gang crime consists of three rounds, with each round covering 10 provincial-level regions.