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At a time when traditional economic growth drivers are losing steam, China has pinned its hopes on services, including tourism, as a new engine. Improving public facilities at tourist sites has become an urgent task.
At fashion weeks, buyers would often place orders for the next season. Owing to the limited outdoor activities and shopping in stores by Chinese customers, the confidence of the market has weakened, Gao said. "It is a very real thing for merchandisers if they cannot sell what they ordered from the fashion week," said Gao.

Asked about possible scenarios about the auto industry dispute, Chase foresees that the US administration will issue a report calling for more protectionism on the auto industry, which will create a lot of tension with Europe. But "I don't think that approach will be sustainable in the US," he said.
Asia definitely needs more infrastructure investment and Asia's growth model has also proved that having the right infrastructure is a key element of economic development, he argued.
At Thursday's regular news conference, Gao said: "Foreign and domestic companies are treated equally in China and foreign firms should not have concerns about investing in China. China has never required any foreign companies to transfer their technology to the Chinese side", he said.
来源:资阳报