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One of the criticisms of Chinese universities is that they have been able to churn out engineers but not enough people who can drive innovation.

Once, these pieces, notably blueand-white vases and jade-green celadon bowls, graced the British, Persian and French courts. Jingdezhen porcelain was one of China's first globalized commodities and its greatest export.

One positive outcome of the BRI is that more China-Europe freight trains, also known as the China Railway Express, pass through Poland to reach other European countries, and this has significantly improved the efficiency of cross-border trade.

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One major aspect of supply-side reform in the financial sector is to provide more and better direct financing services for small and medium-sized enterprises, especially those engaging in technological innovation, according to Xu.

One of the most fascinating things about Amazon CEO Jeff Bezos is that building one of the world’s most successful companies was merely a first step.

On the supply side, being a first-rate writer is financially rewarding and could in turn stimulate the entire ecosystem into a benign circle.

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On top of accounting for more than half of the country's fiscal revenue, China's private enterprises are currently responsible for over 60 percent of fixed-asset investment, more than 70 percent of innovation and over 80 percent of urban employment.

On the side of life insurance, there are only about 115 million Chinese people that have a life insurance or a saving-type contract. When you compare that to the population of 1.4 billion or to the size of the middle class, which is around 400 million, it gives you a sense of the growth potential of the Chinese market.

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One of the city’s largest property agents reported a complete drying up of business in weeks. Others were busily downsizing by closing down underperforming outlets and trimming staff to save costs amid lean times.

One of the businesses named in the complaint, Online Secrets, charges students between ,000 and ,000 for programs ranging from three months to one year, Amazon alleges. The programs purport to show customers how to set up their own Amazon businesses, sell goods purchased from China on the e-commerce marketplace at a profit, advertise to consumers and get customers to leave positive reviews.