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Of Internet-based business ventures, many are small and still heavily reliant on investors' money for experimenting with their business models - some becoming obsolete very quickly and unable to generate the expected returns, and others likely to require more investment to truly come into their own.
A difference can be made, of course, if only the government makes the domestic investment environment more dynamic and attractive, especially for direct investment in industries where investors are still blocked by many institutional barriers.
One thing that often bothers local officials is whether making an industry fully accessible to private investment is proper - even though it is permitted. In transportation and logistics, it does so through faster, cheaper and safer mobility, real-time traffic management, smarter logistics, and intelligent lighting. They also need to understand that digital technology is expanding companies' ability to reach new customers, allowing startups to scale low-carbon ideas to work out previously unsolved problems. In 2003, an observatory believed to have been built around the 21st century BC was unearthed in Linfen as proof of a highly developed civilization, even preceding Stonehenge.
The interior - with its altars, stone columns, Gothic ceilings, stained glass windows, and paintings of the Last Supper and Stations of the Cross - represents the city's living history of European architecture.

Home of the Hakka people for hundreds of years, this small village has a little over 10,000 residents, as well as a large number of ancient temples and traditional dwellings from the Ming (1368-1644) and Qing (1644-1911) dynasties. China is now leading the world in clean energy investment, with $81 billion spent last year, and it has emerged as a renewable energy innovation and manufacturing powerhouse, Akhtar said. The investment company would be established by the state-owned Assets Supervision and Administration Commission to coordinate the country's investment in mineral resources, according to people with knowledge of the matter. People wait to pay using Alipay at a Carrefour store in Nanjing, Jiangsu province, on Dec 12.
Alipay, the third-party online payment company, says about 28 million consumers took part in the Double 12 shopping promotion on Dec 12, during which up to 50 percent discounts were offered on select items to encourage people to pay using their smartphones when buying offline. Lu Zhenwang, CEO of Wanqing Consultancy in Shanghai, says the event shows that online businesses are not the archenemy of brick-and-mortar stores. This unprecedented scale of digital disruption makes low-carbon business opportunities possible - opportunities that weren't feasible five to 10 years ago.

After the investment, the plant's annual production capacity will double to around 14 million tires, according to Ralf Cramer, the company's president and chief executive officer in China.
In smart agriculture, use of techniques like geographic mapping, machine-to-machine connectivity and data analytics drives water and energy efficiencies to boost crop yields, reduce food waste and ease access to markets. In addition to China's aggressive investment in renewables and electrification, the country is actually pretty close to the key: Internet Plus (digitization of industries by mobile Internet), Internet of Things (Internet-connected products), big data analytics, cloud computing and other smart technologies.

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