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|Italian players pose for a photo prior to the UEFA Women's EURO 2017 soccer tournament Group B match between Russia and Italy at the Sparta Stadium in Rotterdam Cheap Women's Men's NikeLab VaporMax Flyknit Betrue 2017 Blue , the Netherlands, July 17, 2017. The Russians won the game 2-1. (XinhuaYe Pingfan)
In pics: China's CH-5 drone completes trial flight
In pics: ethnic embroidery show in SW China's Yunnan
Chinese aircraft carrier formation conducts coordination training
Monkeys enjoy cool mist, watermelon at Quanzhou Wildlife Zoo in Fujian
Annual Wiener Dog Race held in Vancouver, Canada
Highlights of Miss Philippines Earth coronation night
Lotus flowers blossom at ancient town in SW China
Aerial photos show Hukou Waterfall of Yellow River
Klaus Schwab, founder of the World Economic Forum [PhotoWEF]
TIANJIN, Sept. 9 (Xinhua) -- China is on the right track to transform its economy and is capable of keeping growth rate at over 7 percent in the coming years Cheap Men's Nike Vapormax Flyknit 2018 Olive Green , Klaus Schwab, founder and executive chairman of the World Economic Forum, said on Tuesday.
Although China faces challenges to move from an export-led economy to a consumption-led one, the government is embracing necessary reforms to sustain growth, Schwab told Xinhua in an interview.
"It takes time to transform such a large economy, but I think China is on a good way," he said.
Schwab established a solid friendship with China in 2007 when he launched Summer Davos Cheap Men's Red Nike Vapormax Flyknit 2018 , an annual high-level meeting of the world's political, business and social leaders. China has played host to the event alternately in the port cities of Tianjin and Dalian.
This year's Summer Davos will take place from Wednesday to Friday in Tianjin with more than 1,600 participants from all over the world.
The enthusiasm from the participants shows there is still strong impetus to engage into China's economy and to interact with China, Schwab said.
"The big market in China will continue to be very attractive, China offers not only opportunities to sell products, but also opportunities for joint research and joint development," he said.
Regarding recent complaints from some foreign investors of "unfair treatment" following a series of anti-corruption and anti-monopoly probes Cheap Nike Vapormax Flyknit 2018 Men's Blue , Schwab said as long as those investigations are taking place in a fair and transparent way and are not targeting particularly at foreign companies, they have to accept the results.
China launched a series of probes into big foreign names in recent years, with the latest episodes being anti-monopoly investigations against Microsoft and Jaguar Land Rover. These high-profile probes are rippling across the Western business circles and stirring unease among firms which perceive unfair treatment.
Schwab emphasized that while operating in foreign countries, companies should respect local legislation. He advised involved firms to work and communicate with authorities to avoid misunderstandings.
By Yang Meiping
BEIJING, Feb. 8 (Xinhuanet) -- Local consumer rights protection authorities received 478 complaints during the Spring Festival holiday, up 26.46 percent on last year, with online shopping taking the flak most.
Among the complaints Cheap Men's Nike Vapormax Flyknit Grey , 61.09 percent were filed against services, with online shopping, online services, telecommunication services and restaurants garnering the highest rates of complaints. The other 38.91 percent were about merchandise, with food, communication products, audio-visual products Cheap Women's Nike VaporMax Moc Flyknit Triple Black Anthracite , clothing and shoes being complained most. No major consumption disputes happened during the weeklong holiday.
As online shopping became more popular, so did complaints about it. There were 87 complaints about online shopping, up 31.82 percent from last year, during the holiday.
Most online consumers complained about arbitrary cancellation of orders by sellers, untimely delivery, and dissatisfied after-sales service.
As online tourism bookings gain in popularity, several complaints were made about unreasonable cancellations of itineraries Cheap Men's Nike Vapormax Flyknit 2018 Black , hotels, flights and tourist attraction tickets booked on the Internet.
Food complaints rose sharply by 35.9 percent to 53 from last year’s holiday, mainly about spoilt products and shelf life.
There were 64 complaints about mobile phones, digital TV sets and computers, accounting for 13.39 percent of all the cases filed during the holiday. Most complaints about returns and exchange of products with quality problems had already been settled after mediation by consumer protection committees.
In order to better protect consumers’ lawful rights, a new consumer protection law will come into effect on March 15.
The law demands the burden of proof lies with sellers of durable goods, including TV sets Cheap Men's Nike VaporMax Black Anthracite , computers, refrigerators and washing machines, if the goods were found defective by consumers within six months.
(Source: Shanghai Daily)
Top: National Stadium, also known as Bird's Nest in Beijing, Oct 15, 2013 file photo. Bottom: Tourists ski at a ski resort in Zhangiiakou, the co-host city of Beijing's bid for the 2022 Olympic Winter Games Cheap Off-White x Nike Vapormax Black Men's Women's , Feb 12, 2014. [PhotoXinhua]
Beijing's plans to host the 2022 Olympic Winter Games' snow events have impressed international skiing officials while assuaging concerns about its lack of snow sports facilities, the capital's bid committee said.
Since Beijing launched its bid for the 2022 Winter Olympics in November, concern about the lack of a winter sports tradition, especially skiing events, in the Chinese capital and surrounding areas has emerged as a potential disadvantage for its bidding prospect.
However, Beijing's plan to stage skiing events in its northwest suburb and snowy co-host city of Zhangjiakou Cheap Men's Women's Off-White x Nike Vapormax White , in neighboring Hebei province, has generated positive feedback from the International Ski Federation after its officials inspected t.