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HONG KONG Joe Carter Jersey , Jan. 26 (Xinhua) -- Hong Kong needs to align local development plans with national strategies, Zhang Xiaoming, Director of the Liaison Office of the China's Central People's Government in the Hong Kong Special Administrative Region (SAR), said here Tuesday.
In his speech delivered at the ""2016 Spring Festival Reception"" hosted by the Liaison Office, Zhang said Hong Kong's development policy is better to be orchestrated with national development strategies Wholesale Cleveland Indians Jerseys , and takes advantage of the country's overall development.
Having the country to rely on and enjoying the huge market of the Chinese mainland constitutes the biggest advantage for Hong Kong, an advantage that Hong Kong is most envied by many countries and regions, he noted.
He said the Communist Party of China Central Committee has pointed out clearly in its proposals for the 13th Five-Year Plan that Hong Kong's position and function in national economic development and opening up shall be enhanced, Hong Kong's participation in the country's two-way opening up and in the implementation of ""Belt and Road"" initiative shall be supported, and Hong Kong's effort to strengthen its position as an offshore RMB business hub shall be backed.
The Hong Kong SAR government and people from all circles need to align social and economic development plans with national strategies Wholesale Indians Jerseys , locate the linking point of ""the country's need and Hong Kong's expertise,"" he said.
Zhang stressed that Hong Kong's development must always keep to the ""One Country, Two Systems"" principle. The ""One Country, Two Systems"" principle is something unprecedented. It is natural to face certain new situations, new problems Cheap Cleveland Indians Jerseys , or even controversies and differences. To deal with these, the key is that we must always comprehensively and correctly understand the ""One Country, Two Systems"" principle, Zhang said.
He also noted that Hong Kong's development should be focused on enhancing economic competitiveness. Hong Kong wins an admirable position both nationally and internationally mainly because of the glorious economic achievements that Hong Kong generations had made through hard work and struggle in the past decades.
In today's world of increasingly fierce global and regional competition, whether Hong Kong will be able to maintain its advantages and continue to be honored also depends on its economic development Cheap Indians Jerseys , he added.
Zhang said concerted efforts should be made to support the SAR government, and pull together energy from all parts of society to concentrate on economic development and enhance Hong Kong's competitiveness.
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SHANGHAI, March 4 (Xinhua) -- Chinese e-commerce firm JD announced on Wednesday that it plans to invest 67.5 million yuan (10.74 million U.S. dollars) in developing technology for smart homes, in which electronic devices are inter-linked.
According to an agreement signed by JD and iFLYTEK, China's equivalent of the voice technology company Nuance Indians Ricky Vaughn Jersey , the two companies will jointly launch a new information technology company.
iFLYTEK has contributed 82.5 million yuan, or 55 percent of the total registered capital of the new company. JD's investment accounts for the remaining 45 percent.
iFLYTEK is known for its voice technology products, including Voice Touch, a competitor of Apple's Siri system. The company holds about a 70-percent market share in China and is used by Chinese messaging services including Tencent QQ and Sina Weibo.
JD, a major competitor of Chinese e-commerce giant Alibaba Group Indians Satchel Paige Jersey , reported net revenues of 115 billion yuan in 2014, up 66 percent year on year, in a statement on Tuesday night.
By the end of 2014, JD had 96.6 million active customer accounts, almost double that of 2013.
Taiwan's Topology Research Institute estimated that the value of China's smart home market size reached 3.8 billion U.S. dollars in 2014 Indians Jim Thome Jersey , and it forecast that would increase by 26 percent to 4.8 billion dollars in 2015.
News of the deal led to a surge in iFLYTEK's share price on Wednesday, with it hitting the daily increase limit of 10 percent. When the market closed, it stood at 43.42 yuan, a 7.58-percent rise.
In December, China's leading home appliances manufacturer Indians Manny Ramirez Jersey , Midea Group, partnered with emerging smartphone maker Beijing Xiaomi Technology to cooperate in the smart home industry.
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