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At this time, 2nd Watch is exclusively focused on helping large organizations move onto Amazon Web Services. There are no plans at this point to offer its services for other cloud computing environments, such as Microsoft Azure.

At the event, a number of memoranda of understanding were signed between the Guizhou Tourism Development Commission and some tourism industry associations of the United States.

At the news conference, Minister of Industry and Information Technology Miao Wei called on the US government to stop the "wrong practice" of putting restrictions on exporting US technology and products to Fujian Jinhua Integrated Circuit Co, a major Chinese chipmaker."The US Commerce Department is misusing national security concerns and abusing export control measures. It is groundless for a country to use such excuses to put an export ban on a company that is still under construction, and has not yet started mass production," Miao said.The incident originated from a legal dispute among US chipmaker Micron Technology Inc, Jinhua and Taiwan-based chip designer UMC."Jinhua has no technology and all of its technology was transferred from UMC. If there is any technology dispute, it is UMC that should be held responsible," Miao added.Despite trade frictions between some economies, the top industry regulator said on Tuesday the actual use of foreign capital in China's manufacturing sector reached .2 billion in 2018, up 22.9 percent year-on-year.A number of major foreign-funded projects were launched in China last year, including US auto giant Tesla Inc's 50-billion-yuan (.42 billion) plant in Shanghai, which effectively rebutted the rumor that foreign capital is fleeing the country."We are considering a further expansion of market access to telecom and other industries, with more business scope open to foreign companies," Miao said.Qu Xianming, an expert at the National Manufacturing Strategy Advisory Committee, said, "China is still a hot choice for foreign investment. The government's push to create a pro-business environment will help overseas companies better tap into the huge market."

At the summit, 10 venture capital firms and nine financial organizations signed cooperation agreements with the management committee of Zhongguancun Science and Technology Park's Chaoyang district branch, while academics and business executives shared their views on venture capital development and opportunities.

At the start of 2019, the association said the fall may become less severe in coming months. This is because of a lower comparable base figure from the second half of last year and the expected peak months of sales in September and October.