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By March 1, the total amount of donations nationwide hit 20.3 billion yuan to aid the country's battle against the novel coronavirus, with 36 enterprises and individuals donating 100 million yuan or more, 448 donating 10 million yuan to 100 million yuan, and 978 donating 1 million yuan to 10 million yuan.

By analyzing the causes or factors of poverty and helping this group of people solve their problems－living, housing, education, medical treatment, employment, social insurance－one by one, the impoverished population in China's rural areas was diminished to 5.51 million by the end of last year.

By 2020, China's spending on robotic systems including industrial, service and consumer robots will grow to billion, while services-related spending involving application management, education and training, hardware deployment is expected to surpass .8 billion.

But the US and China are in the same economic boat and Bannon and his think-alikes should have first checked the facts. Take the iPhone for example, China buys US designs and key parts for which the US profits once, acquires necessary materials from all over the world with multinational capital including from the US, assemblies, manufactures them and exports the final products to US and other countries where consumers eagerly purchase them. Again the US benefits. With the dollars it earns, China buys US bonds, thus lending money to the US for it to buy more Chinese goods at cheap prices, and the US gains again. For decades Chinese workers have sweated on production lines to send real products to the US, resulting in China holding some US promises to pay back a loan that is often devalued. Moreover, China has been keen in buying US manufactured products, only to be limited by US policy restrictions and production line limits.

But we have a unique way of doing business. We do not do acquisitions in China but rather partner with local talents. We identify companies which have developed some unique businesses and take a piece of equity of their businesses. We will give them support in marketing and technology so that they can develop their business.