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I believe that such a twoway interaction will have a profound and positive impact for the industry as a whole, and I look forward to seeing more of what Chinese professionals can contribute.

Huangqiao, long famed for its sesame cakes, is now home to more than 230 violin companies, earning it the nickname "the violin capital of China".

Human remains found near Nashville explosion site in US - Chinadaily.com.cn

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Hundreds of thousands of the products combine beauty with practical use and integrate traditional Chinese culture with Western elements.

Huang Si-hong, a young community officer with the Hong Kong Federation of Trade Unions, embodies the collaboration that exists between Hong Kong and the Chinese mainland.

Huang discovered her love for hill walking when her son went to university and, feeling at a loose end, she started walking on the Pentland Hills, south of Edinburgh.

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Huge initial investment and high rents could mean commercial study room business will likely take a long time to turn profitable, she said. "With an increasing number of startups eyeing to carve out a stake in the emerging market, the competition is getting fiercer now. Instead of expanding our business rapidly, we will focus on offering better services and experiences, and will continue to offer culturerelated classes to attract more users."

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I expect the brisk expansion in direct financing dominated by new-economy businesses to continue in China, which can go a long way toward promoting economic upgrading while preventing a surge in the leverage level.

Huang Yiping, director of the Digital Finance Research Center of Peking University, said efficient, low-cost fintech sector can play an important role to help ease financing woes of private enterprises.