Find X in Paris, marking its official foray into Europe. As of January, it had entered nine European markets, including Italy, Spain, and the United Kingdom.
Wu Qiang, who is in charge of Oppo’s overseas business, said the company is not adopting an aggressi
ve strategy in overseas markets. Instead, it strictly follows CEO Chen Mingyong’s principle of “eating rice bite by bite”.
“We will only enter the next market after doing a good job in existing markets,” Wu said.
Oppo’s intensified interest in foreign countries came after the Chinese sma
rtphone market hit a saturation point, with shipments declining for several quarters.
From September to December of 2018, smartphone shipments in China plunged almost 10 pe
rcent year-on-year, according to data from market research company International Data Corp or IDC.
Though Oppo outgrew the industry average to achieve an annual expansion rate of 1.5 pe
rcent in that time-frame, there is still a pressing need to look for new opportunities, Wu said.
end of 2017, accounting for about 16 percent of the population, ac
cording to the National Bureau of Statistics. Marriage registrations have fallen every year
since 2014, while the divorce rate has risen for 16 consecutive years, according to the Ministry of Civil Affairs.
Dining, traveling and pursuing activities individually have also become increasingly popular with singles in China.
Tang Chuan, a researcher with Sinolink Securities, said that without family burdens, singles
seem to be less inclined to save money, and their willingness to spend offers great potential for boosting the economy.
Sinolink Securities conducted research on singles born from 1985 to 1995 and found that about 40 percent of those in first- an
d second-tier cities live from paycheck to paycheck, while in lower-tier cities, the proportion is as high as 76 percent.
g without a drill pipe core in polar ice bedrock, which helped the scientists obtain the first few samples of bedrock unde
r the ice cores at the station. The conwwwhebeishengxincn-2/ion was also compleexpedition.
Xuelong left Shanghai on Nov 2 and arrived at Zhongshan Station on
Nov 30. The icebreaker entered the Amundsen Sea in early January for a marine survey but
experienced “the worst sea conditions since departure”, according to an earlier report by China Ocean News.
On Jan 19, the ship was caught in a sudden thick fog on the Amundsen Sea and collided with an
iceberg, Cheng Xiao, dean of the College of Global Change and Earth System Science at Beijing Normal University, told Xinhua.
An increase of cyclones in the area since the start of 2019 has great
ly increased the number of floating ice fragments, while in 2018 the area was a single large ice sheet, Ch
en said. The floating ice drifted to the north, pushed by the wind, which also affected navigation on Xuelong’s trip home, he added.