The report said Chinese companies prefer the greenfield strategy largely because it offers optimal managerial control over the business during its earliest days. By establishing a new business entity, companies are also more likely to receive tax credits, infrastructure improvements, and other inducements from local governments in the United States.
The report starkly warned that the world is unsustainably extracting natural resources and producing unmanageable quantities of waste, thereby degrading Earth's ecosystems and endangering the ecological foundations of society.
The region plans to make significant progress this year in ecologically sound ventures, Qi Zhala, chairman of the regional government, said during the recent regional people's congress.
The report also mentions key highlights such as 5G, mobile internet and artificial intelligence . The fifth-generation technology or 5G will add .2 trillion to global economy over the next 15 years, the report said.
The report shows that most of the audience for "The Next Big Thing" are males born between 1985 to 2000, and around 30 percent are female.
The report showed that in 2000, the US spent 8.6 billion on R&D, ranking first in the world. EU was second with expenditures of 3.4 billion. China was fifth at .1 billion.
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The regulation was introduced to encourage doctors to prescribe drugs rationally and help reduce costs for patients, the statement said, adding that Central Hospital is the first public hospital in Hubei to introduce such a system.
The regional culture and tourism bureau said tourism revenue in the three quarters reached 304.64 billion yuan (.62 billion), up 40.8 percent from the same period last year.
The release said that revenue generated during the seven-day break reached 513.9 billion yuan (.2 billion), seeing a year-on-year rise of 8.2 percent.
The regulation on the operation and management of urban rail passenger transit, which is to take effect on April 1, also prohibits littering and busking in carriages.