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inesses, McMillon said brick-and-mortar stores have become hybrid, and forward fulfillment centers.
He said Sam’s Club has been gaining strength in the country. The high-end m
embership store that was launched in China in 1996 has about 2 million members nati
onwide. By 2020, there will be 40 such clubs either in operation or in construction in the country. The format ha
s 23 stores currently in 19 cities stocking quality fresh food and membership products.
Globally Walmart has 11,300 stores, with a third of them large stores.
According to Kantar Worldpanel, in 2018 Walmart’s market share was 5.4 percent, an improvement from t
he 5.2 percent in 2017. Last year it opened 33 new stores, including 21 hypermarkets, four Sam‘s Club and eight compact stores.
Jason Yu, general manager of Kantar Worldpanel China, said Walmart has to roll out
more innovations to further improve its operational efficiency and achieve growth through
Aviation Industry Corp of China, the country’s leading aircraft manufacturer, on Sunday launched an ex
hibition park in Xi’an, Shaanxi province.The park is located in an aviation industry compound in Xi’a
n’s northeastern suburb and showcases 16 aircraft used in flight testing.The exhibits represent prototypes of the Chinese military’s major aircraft down
through the years, including the CJ-6 basic trainer, J-7 fighter jet, KJ-2000 early-warning and control plane, as well
as the Z-10 attack helicopter.A J-8II fighter jet is on display at the exhibition park that opened to the public on Sunday in X
i’an, Northwest China’s Shaanxi province. Photo by Zhao Lei/chinadaily.com.cnThese aircraft contri
buted significantly to China’s aviation industry and flight test endeavors, and highlight the growth of the co
untry’s aviation sector, according to an Aviation Industry Corp of China statement.In addition to the aircraft, the par
k also features relief sculptures depicting the histories of Chinese planes’test flights.
tions at the Brussels summit, has pledged to intensify discussions on the rules concerning in
dustrial subsidies, a priority for the WTO reform for the EU. This is being seen as a breakthrough by the EU side.
In fact, almost all countries provide subsidies for domestic companies in certain sectors, and i
n most cases, China has given subsidies to Chinese companies in strict accordance with WTO rules as its ultim
ate goal is to achieve complete marketization. Yet intensifying discussions on industrial subsidies and other
sensitive issues, including intellectual property rights protection, is a step that must be taken to not only addre
ss WTO members’ concerns, but also invigorate the organization and the global trading system.
China, US should jointly promote WTO reform
Chen Fengying, a senior researcher in world economy at the China Institutes of Contemporary International Relations
The Office of the United States Trade Representative seems to have made dr
iving the WTO reform its priority so that Washington can claim the discourse rights in global t
rade mechanisms and lead the process for making new trade rules and establishing a new global trading system.
ina, the festival-which will be held through April 20-recently announced 15 nominated fil
ms, including The Composer, which will contend for the festival’s top honor, the Tiantan Award.
Inspired by a speech made by President Xi Jinping during his v
isit to Kazakhstan in 2013, the film looks back at the life of Xian, a music
ian who was once a household name and best known for his epic work, Yellow River Cantata.
When the Great Patriotic War (the Soviet Union’s defensive war again
st the invasion of Nazi Germany) broke out in 1941, Xian-who was assigned by the Commu
nist Party of China to work in Moscow-found himself stranded in Almaty, the largest city in Kazakhstan.
With the help of Kazakh musician Bakhytzhan Baikadamov and his family, Xian spent his final years living out the war in K
azakhstan, where he concentrated on writing music. In early 1945, the musician who was suffering fro
m multiple diseases was sent back to Moscow, where he died in a local hospital on Oct 30 the same year.
the foreign investment law, a landmark legislation that will provide stronger protection a
nd a better business environment for overseas investors. The law will become effective on Jan 1, 2020.
Artificial intelligence will bring about changes as fundamental as t
hose enabled by electrification, argues Li Kaifu, Chinese artificial intelligence specialist and fo
under of the venture capital firm Sinovation Ventures. He says that China is leading in real-world applications of AI to bus
inesses, factories and cities, and is catching up with the United States in basic research.
Li’s technological optimism contrasts with a widespread pessi
mism about technology prevalent among thinkers from Silicon Valley.
For example, famed venture capitalist Peter Theil uses the slogan “We wanted flying cars, ins
tead we got 140 characters” as the subtitle of his investment fund. In many interviews, he ha
s explained that we’ve seen “innovation in the world of bits, but not in the world of atoms”.
BEIJING, Jan. 30 (Xing Rui), a client of Sino-Singapore. In the early morning of Jan. 30, Li Pi, 71, packed his bags and left the place where he had been teaching for 829
days. Over the past three years, countless back and forth, but this departure, meet again has not known when.
From the official coaching of the National Football Association to the final departure, Lippi led the team in a total of 30 g
ames, scoring 10 wins, 9 draws and 11 losses. From being in danger in the top 12 competitions to overcoming Korean phobi
a at 0:1, from the Chinese Cup to the Asian Cup to create the best results of national football in recent years. Lippi’s 82
9 days in office have left many happy but slightly regrettable memories for Chinese fans.
The 12 finals are in danger, and hope is aroused in the desperate situation of the national football team.
On October 11, 2016, China’s men’s football team, which had drawn 1-2 and lost 2-0
to Uzbekistan, resigned at a press conference after the match, and the Chinese team, which had only on