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More than 60 countries will send delegations to join multinational naval events marking the anniv
ersary, and over 30 countries of them will send major navy leaders to participate, according to Qiu.
Nearly 20 foreign vessels of various capabilities, including destroyers, frigates and landing ships, will join Chinese vessels in the naval parade, sh
owing to the world the “firm determination to safeguard peace and seek development with joint efforts,” Qiu said.
Organizing multinational naval parades is a unique ceremonial activity of navies, according to Qiu.
The Chinese People’s Liberation Army Navy has been active in provi
ding security products for the international community since its founding, Qiu said.
The navy has paid over 100 visits to 94 countries and 138 ports, and has held more
than 60 joint military drills with foreign navies over the 70 years, according to Qiu.
Since 2008, the navy has sent 32 escort fleets, 103 vessels, 69 helicopters and more than 27,000 offic
ers and soldiers to escort over 6,600 vessels, more than a half of which were foreign merchant ships, he added.
Since 2010, the naval hospital ship Peace Ark has traveled to 43 countr
ies and regions and provided free medical services to over 230,000 people, Qiu said.
inesses, McMillon said brick-and-mortar stores have become hybrid, and forward fulfillment centers.
He said Sam’s Club has been gaining strength in the country. The high-end m
embership store that was launched in China in 1996 has about 2 million members nati
onwide. By 2020, there will be 40 such clubs either in operation or in construction in the country. The format ha
s 23 stores currently in 19 cities stocking quality fresh food and membership products.
Globally Walmart has 11,300 stores, with a third of them large stores.
According to Kantar Worldpanel, in 2018 Walmart’s market share was 5.4 percent, an improvement from t
he 5.2 percent in 2017. Last year it opened 33 new stores, including 21 hypermarkets, four Sam‘s Club and eight compact stores.
Jason Yu, general manager of Kantar Worldpanel China, said Walmart has to roll out
more innovations to further improve its operational efficiency and achieve growth through
August, and its shares have slowly crawled back since Decembe
r. Hong Tao, an analyst from GF Securities, said the tech heavyweight has faced troubles. JD’s adv
anced logistics system, which is its core strength, has been overtaken by Alibaba’s Cainiao Logistics.
JD is in the spotlight as it is reducing salaries for its delivery staff and seeing a round
of shake-ups in its management team. Its chief technology officer Zhang Chen, chief lega
l officer Long Yu, and chief public affairs officer Lan Ye, all announced their resignation within just one month.
The company said in February that it would lay off 10 percent of its senior executives above vice-president level this year.
The 7-coin set contains two gold coins and five silver coins, with a variety of shapes. Designs i
nclude traditional Chinese ornamentation, dragon, phoenix, flowers and bird. All are legal tender.
The coins are made by Shenzhen Guobao Mint, Shenyang Mint and Shanghai Mint.
tedly part of the French destiny and the project we will have for the coming years … a national subscription will be launched, and well beyon
d our borders we will appeal to the greatest talent, and there are many who will come to contribute and rebuild,” Macron said.
We will rebuild Notre Dame, because that’s what French people e
xpect, because it’s what our history deserves and because it’s our deep destiny,” he added.
Already, two of France’s wealthiest men have pledged large donations. Billionaire Francois-Henri Pinault, chairman and CEO of the Ke
ring group, which owns fashion brands including Gucci, Yves Saint Laurent and Balenciaga, pledged 100 m
illion euros ($113 million) toward rebuilding Notre Dame, Agence France-Presse reported.
Bernard Arnault, chief executive of the LVMH group, which owns fa
shion labels including Louis Vuitton and Bulgari, said he would donate 200 million euros.
Built in the 12th and 13th centuries, Notre Dame, which has rece
ived about 13 million visitors each year－more than the Eiffel Tower－is regard
ed as one of the finest examples of French Gothic architecture and sits at the heart of the nation’s history.