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up a fifth of the total number in China. Up to 51 companies in the district realized annual revenue of more than 10 billion yuan. Baidu Inc, Cambricon Techno
logies Corp and Beijing Dream Ink Technologies Co have become global leaders in various cutting edge technologies.
“The fruitful results in Haidian’s scientific innovation sector are due to the increasing investment i
n research and development,” said Dai Binbin, head of the district. “In 2018, Haidian’s R&D intensit
y was 4.6 times the national level, and higher than levels in the Republic of Korea and Japan.”
Beijing’s Xicheng district, where many domestic and oversea
s financial companies and organizations are located, has carried out a series of policies to boost the
financial sector’s development, and is another example of the capital’s high-quality growth.
For instance, the district government provides subsidies of up to
50 million yuan to newly set up financial organizations. For financial companies that m
ove into the district, the government gives subsidies to help them offset rent and capital purchases.
For high-end talent, both local and foreign, the district offer
s better resources in medical care, education and living arrangements.
inated and inter-connected, and fair and inclusive approach and forge a growth
model of vitality, a cooperation model of openness and win-win results, and a developm
ent model of balance and common benefits, so that people from across the world could share the benefits of economic globalization, Xi said.
This year marks the 70th anniversary of the founding of the People’s Republic of China, Wang said.
During his visit, Xi, based on China’s just-concluded Two Sessions earlier this month, illu
strated to the European leaders the fine performances of the Chinese economy which had overcome multiple challenges in 2018.
Wang said Xi also introduced the newly-adopted foreign investment law, emphasizi
ng that it is necessary to use legal means to better protect intellectual property rights and attract foreign investment.
Xi pointed out that China will continue to push forward all-round reform and opening-up, promote trade and investment
liberalization and facilitation, so that European friends can better share China’s development opportunities.
has made tremendous economic achievements, and they have enjoyed affluent material conditions since childho
od. So they set higher standards for life and ask for better quality and unique experiences,” Tang said.
“Compared with the older generation, they are more willing to pay for conveni
ence, entertainment, mental stimulation, companionship and education that will benefit their future careers.”
George Ren, a senior partner with global consultancy Roland Berger, said many companies have star
ted to respond to this demographic shift in recent years, as they have seen great potential in the singles’ economy.
“They have made products of smaller size, in smaller packages or with more divided functions. They have also deve
loped unique and personalized services to cater to the diversified demands from single people,” he said.
Photo taken on March 10, 2019 shows the manned submersible Shenhai Yongshi (Deep Sea Warrior) at
a port of Sanya, south China’s Hainan Province. China’s science ship Tansuo-1 loaded with the mann
ed submersible Shenhai Yongshi (Deep Sea Warrior) returned to its home harbor in Sanya, South China’s Hainan pro
vince, on Sunday, after finis/hing its first expedition in the Indian Ocean. HAIKOU – China’s science ship Tansuo-1 loa
ded with the manned submersible Shenhai Yongshi (Deep Sea Warrior) returned to its home harbor in Sanya, Sou
th China’s Hainan province, on Sunday, after finishing its first expedition in the Indian Ocean.
The manned submersible can reach a depth of 4,500 meters. The 121-day expedition trip organized by the Chinese Acade
my of Sciences began Nov. 10, 2018. Scientists from 10 Chinese and foreign research institutes were invited to joi
n the deep-sea research trip.The ship traveled 17,000 nautical miles on the expedition during which
scientists surveyed five deep-sea hydrothermal areas and collected a trove of samples for ecological environment research.