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Besides tasting food, such as Beijing roast duck and traditional snacks, visitors can take in a parade involving 28 teams from Asian countries at the main venue, Xu said.

Between 2018 to 2023, the compound annual growth rate (CAGR) of the spending in the VR/AR sector will reach 84.6 percent, higher than the 78.3-percent CAGR of the global market, the report said.

Beyond his work in the tech industry, Alberg plays an active role in civic affairs in his hometown. He is the co-chair of ACES, a group working to make the Seattle region a hub for autonomous vehicles, and he sits on the board of Challenge Seattle, an organization dedicated to addressing the region’s affordable housing crisis. Alberg’s advocacy has touched the highest levels of government; he was a member of President Barack Obama’s National Advisory Council on Innovation and Entrepreneurship.

Belgium-based multinational biopharmaceutical company UCB and Chinese digital healthcare provider Ali Health announced on Thursday that they will enter a strategic partnership to explore an innovative service model for the intelligent management of chronic diseases.

Besides a booming tourism sector, new local government policies will change the business landscape by diversifying the economy.