Machines, devices improve efficiency as record number of packages shippedAs a record number of packages are shipped as part of the Singles Day shopping spree, technology is being used to ensure faster, safer and more accurate deliveries.
Ma Xiaofei, CEO of Endeavor, which organized the exhibition, said the event came about after efforts over 10 years. This year's event proved the timing was just right.
Malaysian Prime Minister Muhyiddin Yassin stressed this month that interstate travel is still banned, including the traditional trips people make to hometowns to celebrate Eid al-Fitr, but couples that work in separate states would be allowed to travel across state borders.
Major US retail stores such as Macy's, Target, Walmart and Best Buy are concerned about the impact the tariffs could have on their bottom lines, said Rick Helfenbein, president and CEO of the American Apparel& Footwear Association.
Mahesh Ramanujam, president and CEO of the US Green Building Council, which issues the LEED ratings, said, "The Shanghai Tower illustrates China's responsibility and commitment to the world to improve the environment and the health of its people."
Manufacturing companies, which have been among the first to resume work during the outbreak, have seen a rising demand for workers, in order to increase production and ensure supply, the report showed. The foreign trade sector, though affected by the blocking of the global transportation network, has also been recovering, which suggests multinational enterprises have confidence in the Chinese market, Li added.
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Manufacturing and modern services firms from overseas will get incentives to invest in China's economic and technological development zones as part of the country's ongoing efforts to boost foreign investment, an official said on Wednesday.
Ma Xianghui, head of the bureau of SMEs under the Ministry of Industry and Information Technology, said at a news briefing that the authority will ramp up efforts to encourage SMEs to tap into the global market and promote their brands, technologies, sales and services.
Malawi President Peter Mutharika thanked the Chinese government for the initiative, saying it resonates with his development strategy of bringing development to the country's rural masses through Rural Growth Centers.
Major US tech shares, including Facebook, Apple, Amazon, Netflix and Google-parent Alphabet, all declined at least 1.8 percent.