Xie Yaxuan, chief analyst of China Merchants Securities, said that the injection of fiscal funds in infrastructure construction, accounting for about 10 percent of the total spending, needs to be improved further to support infrastructure growth, which is likely to be around 8 percent this year, and necessary to shore up the annual GDP.
Xu has more than 16 years' experience in the global capital market. Prior to founding FountainCap, she was with Capital International under Capital Group responsible for direct investments in Asia with an emphasis on China and primarily focusing on the internet, consumer, retail and healthcare sectors. Before joining Capital Group, she was an investment banker at JP Morgan Securities, Credit Suisse and Citigroup. She had also worked as a management consultant with Monitor Group's Beijing office before taking up investment banking.
Xu Dazhe, governor of Hunan province, said people in all circles at home and abroad are welcomed to join Hunan in its efforts to innovate and open up.
Xu Hao, executive vice-mayor of Guiyang, Guizhou province, said evolving cyber vulnerabilities and threats need to be addressed as China is moving toward building a digital network and smart society.
Xiang Ligang, a smartphone expert and CEO of telecom industry website Cctime, said smartphones are becoming increasingly similar in both design and hardware, as technology advances are helping vendors access high-end components at affordable costs.
Xing Ziqiang, chief economist with investment bank Morgan Stanley China, said this age group will be a major driver of the consumption upgrade in the next decade, with consumption in third-and fourth-tier cities expected to reach 45 trillion yuan (.42 trillion) in 2030, compared with 15 trillion yuan in 2017.
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Xiaomi's prototype foldable phone also used an OLED display panel from Visionox, Xu said.
Xu Chengbin, director of the Zhongshan Economic and Information Technology Bureau, said development of the Greater Bay Area significantly improves connectivity between cities in the region.
Xiamen couldn't be a better place to live and work, according to Hubei province native Fu Qiang, who settled in the coastal city in Fujian province 11 years ago.
Xu Chen, chairman of the CGCC and president and CEO of the Bank of China, said: "The challenges to Chinese businesses in the United States mean roughly 70 to 80 percent of surveyed people have been negatively impacted by the ongoing US-China trade war with the key challenge being supply-chain management.