Hui said in the new property development context, real estate developers will focus on improving their competitiveness, adjusting strategies, improving risk control, and improving cash flow. "Therefore, the property sector will continue to polarize with the large companies expanding whilst smaller and less competitive ones die out," he said.
I believe that in the coming years, China's calling card will shift to "softer" endeavors, such as investing in business leaders, scientists and innovation. Technology will also continue to play a key role as people increasingly rely on their mobile phones in their everyday lives, ranging from paying electricity bills to applying for loans.
Hugo Ridley, an international strategy policy advisor at the Department for Digital, Culture, Media and Sport, said: "Tackling the illicit trade in cultural objects requires strong international cooperation and collaboration and constant vigilance by our law enforcement agencies, and I congratulate the Metropolitan Police Service on their effective action in this case, as well as their wider work that they do on a daily basis to ensure that the United Kingdom retains a strong reputation in protecting the cultural heritage of all nations."
Hundreds slept in one big shed. There were no beds, so they lay on straw spread over the ground. They worked in shifts, taking turns to use the simple berths, Li said.
Huawei Technologies Co said on Tuesday that it had so far secured 40 commercial 5G network contracts, up from 30 announced in late January, as the Chinese company is gaining more votes of confidence from telecom carriers.
Huawei was among the industry players that participated in the event.
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Hunt said Iran's latest announcement that it will pull out of some of its commitments under the international nuclear deal is an "unwelcome step".
Hunters record the calls of birds they have captured and share the recordings with other hunters. As a result, hunters have recorded the calls of many species. When they want to hunt a particular species, they set up a net and play the recording to lure the species to the net, Shen said.
Huang noted that European countries boast long histories of urbanization, and have in place many practices that China is eager to learn, especially policies on green, effective and sustainable urbanization.
Hung noted that these new areas of economic growth would not only generate revenue, but also lead to more diverse economic structures and strengthen the resilience of the local economy.