Xing Tingzhi, an analyst at China International Capital Corp Ltd, has estimated Moutai's revenue will grow 14.2 percent to 66.6 billion yuan next year and net profit will rise 16.8 percent to 29.1 billion yuan.
Xin said the faster growth of private investment in the manufacturing sector reflects mounting confidence in the market amid a slew of favorable policies designed to beef up private investment.
Xian Lifeng, the district's deputy director, answered questions during an interview with foreign journalists as part of a tour ahead of the National Day celebrations.
Xiang Min, a 31-year-old from central China's Hunan province, chose to be an itinerary designer in 2016 after working as a tour guide for three years.
Xu Hejian, spokesman for the municipal government, said at a news conference on Tuesday that Beijing will strengthen epidemic prevention in the transportation sector.
Xi, also general secretary of the Communist Party of China (CPC) Central Committee, called on journalists to "strengthen their confidence in the path, theory, system, and culture of socialism with Chinese characteristics."
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Xiongan New Area, a national-level economic zone neighboring Beijing in Hebei province, said it will actively attract foreign investment, advanced technologies and management experience to support the planning and construction of the area, according to a statement issued by the local government.
Xiaozhen Li, 43, a local resident from Guangdong province who knew Kwok for seven years, held back tears. "He greeted people all the time. He was very polite. He would bring breakfast to my daughter. He was so kind. His death is a total tragedy," Li said.
Xiaomi, one of China's largest smartphone vendors, first made inroads into Western Europe by entering Spain last year. Now it has four authorized stores in Spain and is one of the country's top three largest smartphone brands.
Xiao said his American partners have shown willingness to brace for the potential impact and mitigate the risks together.