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Commenting on the Japanese government's 2 billion dollar program to encourage Japanese companies to move out of China, the veteran China watcher said "2 billion is nothing."

Compared to developed countries, relatively low industrial concentration forced Chinese companies to enhance technological innovation speed, Zhang said. Statistics of production capacity in steel industry indicate that the industrial concentration of top 4 large enterprises in the United States and Japan is above 70 percent; while the industrial concentration of top 10 Chinese enterprises is less than 40 percent.

Concur: The maker of travel and entertainment expense management software performed well as CEO Steve Singh guided the Redmond company to record revenues.??It won a huge?.4 billion?contract in June from the U.S. General Services Administration, overseeing online bookings, travel authorizations and vouchers across all U.S. government agencies, a deal that sent the company’s shares surging.

Condom production is not considered a technology-intensive industry. But Guilin HBM currently holds more than 50 national patents. It plans to increase its investment in research and development from 2 percent of the cost to 5 percent, according to Hu.

Combining traditional Cantonese Opera techniques and contemporary stage and lighting design, the show took shape in 2016 and was previously staged in Beijing in 2017 and last year.