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Anta has positioned itself as a mass market brand, which helped it to survive the downtrend of the sportswear industry between 2008 and 2011, which was caused by excess inventory. "The most difficult moment for Anta was how to make a decision on what we want to lose and what we want to insist on," said Ding.

Another driver is the growing complementarity between the UK and Chinese economies, added Matthew Rous, chief executive of the China-Britain Business Council.

Another small innovative it was working on was building in phone holders into shopping carts to make it easier to for customers to look up information on the Target app while wondering?store aisles. Some of these things have required?new hires with a background in technology. Target said a quarter of its technology employees have joined the company over the past year and are spread throughout a handful of offices in San Francisco, Sunnyvale, Bangalore and New York.

Another factor at play in the move from AWS to Azure, he said, was the need to have a solid security story as customers worked to move their data and applications from on-premises data centers to the cloud?in a way that allowed customers to maintain control.

Another tax reform measure in the works is the higher personal income tax threshold, which was confirmed by Shi at the news conference. The current threshold is set at 3,500 yuan (3).