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The lack of funding and inexperience have often been cited as obstacles to starting any new business in the country, according to a report released by the Renmin University of China.

The launch of the platform is expected to help regulate the market and create a healthy environment for its growth.

The latter will continue investing in China. Focus will be on improving its sustainability operations as burgeoning middle-class consumers are attaching more importance to environmental protection and quality, Vanlancker said.

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The joint venture, established in 2003, has spent up to 52 billion yuan (.85 billion) since 2009 on its manufacturing facilities - two car-producing plants and one engine plant - in Shenyang.

The judge handed down a 52-month imprisonment and a fine of HK,000 (US5) after taking into account Chong's mental condition, guilty plea, and no serious injuries in the incident.

The killings, first reported on Saturday by The Paper, a news website based in Shanghai, happened on the night Yang was admitted to the hospital.

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The journey of 600 kilometers from Zhaoqing, Guangdong province, to Liuzhou, in neighboring Guangxi Zhuang autonomous region, was particularly difficult because of harsh weather conditions and difficulty in finding motorcycle maintenance shops.

The latest Nation Brands Report announced by London-based brand valuation consultancy Brand Finance revealed that China continues to perform well despite the prospects of a protracted trade dispute with the US, confirming the already established robustness of the Chinese economy.

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The latest round is a co-investment led by Prospect Avenue Capital (PAC), Orient Hontai Capital and Oceanpine Capital.

The late Li Jinghua worked as both a conductor and announcer on the train, his son said.