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Li said that IPR protection is the cornerstone of the market economy while protecting IPRs is an inevitable requirement for achieving innovative development.
China has a four-tier color-coded weather warning system for severe weather, with red the most serious, followed by orange, yellow and blue.
"Thanks to the Belt and Road Initiative, around 47 percent of our sales volume came from overseas markets last year. The initiative offers us a good platform to go global. I believe that TCL's growth in overseas markets will continue outpacing that in the domestic market in the future," said Li Dongsheng, chairman of Chinese home appliance giant TCL.
Besides InnoTrans, more than 200 Chinese companies have attended the eight-day 67th IAA Commercial Vehicles starting from Thursday in the German city of Hanover.
"In the context of new developments both at home and abroad, tax and fee cuts are important for sustaining the positive momentum of steady economic growth. More tax incentives should be rolled out and all measures introduced fully delivered," Li said, "Tax and fee reduction is part and parcel of the proactive fiscal policy, and something that we are capable to do now."
