有 /yǒu/ doesn’t mean just TO HAVE – we also use it to say THERE IS, THERE ARE.
那里有很多人 /Nàli yǒu hěnduō rén/ THERE ARE MANY PEOPLE.
没有问题 /Méiyǒu wèntí/ （THERE IS) NO PROBLEM!
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This animation is a part of DAY 17 of the DAY BY DAY learning program, where you will find many interactive features and example sentences that will help you to grasp this verb actively.