Xiong said he expects that the upcoming LMC leaders' meeting will achieve fruitful results, chart the course for the future development of the mechanism and inject impetus, so as to benefit the people in the region.
Xiao said the company considers Europe a top priority and expects sales in the region to double next year.
Xu Dong, vice-chairman of China Household Electrical Appliances Association, said the home appliance industry constitutes part of the real economy. It has a strong ability to resist risks, and consumers have a rigid demand for household appliance products.
Xie Xiaofei, a psychology professor at Peking University, claims that the pleasure is too strong for youngsters to resist.
Xing Ziqiang, chief economist with investment bank Morgan Stanley China, said this age group will be a main driver of the consumption upgrade in the next decade, with consumption in third- and fourth-tier cities expected to reach 45 trillion yuan in 2030, compared with 15 trillion yuan in 2017.
Xu had a clear message for Australian wineries who want to better engage with their Chinese customers.
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Xiongan should be "a green, livable modern urban area, a region led by innovation-driven development, a demonstration area of balanced development and a pioneering region of open development," he said.
Xu Lin, head of the State Council Information Office and director of the media center for the celebration of the 70th anniversary of the founding the PRC, warmly welcomed some of the journalists at a banquet at the media center on Saturday evening. Around 500 reporters from home and abroad attended the reception.
Xpeng Motors plans to mass produce its first model, an all-electric SUV, by the year end. The three-year-old company released the prototype in last September.
Xing Xiaoliang, an analyst with market consultancy Analysys, said red tourism is an important category for China's tourism industry. Red tourism has great growth potential, he said.