In recent years, considerable progress has been made in China in the area of advanced technologies, such as 5G network, cloud computing and artificial intelligence.
In short, it takes fewer dollars for Americans to buy foreign-made goods, but more local currency to purchase US-made products sold abroad. And the Trump tax cut put extra money in Americans' pockets.
In recent years, China has expanded and improved IPR protection. We have established a full-fledged system of domestic laws and regulations for IPR protection that conforms to both international practice and China's national conditions. Intellectual property courts have been set up in Beijing, Shanghai and Guangzhou and specialized IP tribunals have been put in place in 15 cities.
In short, the global easy monetary environment at present has offered China an important opportunity to advance its drive to boost the new-economy sector, as well as to further internationalize its currency.
In recent years, Macao has had some emerging industries such as finance, exhibition, and cultural creativity. It has been designated as Creative City of Gastronomy by UNESCO and striven to become a world tourism and leisure center.
In response to questions over whether China will cut subsidies for NEV again in July, and completely stop offering such subsidies by the end of 2020, Miao Wei, minister for industry and information technology, said this year's subsidy policy will remain relatively stable and subsidies will not decline significantly.
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In terms of handling "last mile" deliveries, most merchants stick to the traditional courier delivery services at 43 percent, followed by third-party logistics partners at 23 percent. But others are experimenting creative options, including deliveries made by store staff and drones.
In recent years, Wu said, the People's Liberation Army has actively participated in peacekeeping, escorts, disaster relief and other overseas missions.
In terms of competition with Chinese tech giant Huawei, Ekholm said Ericsson will spare no effort to provide best solution to customers in order to gain more market share.
In the 1980s, when the trees were thriving, many villagers took up carpentry and sold furniture in the coastal cities.