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People aged 65 or older will account for 30 percent of China’s population in 30 years, up from around 10 percent at present, he said.

People in Rugao have traditionally grown bonsai trees, with the practice possibly dating back to the Tang Dynasty (618-907).Growing bonsai trees has changed Wang's life over the years.

People-to-people exchanges are flourishing. Kenya has four Confucius Institutes as well as a newly completed Language and Culture Center, funded by the Chinese government, at Kenyatta University. The China-Africa Joint Research Center has also become an important platform for China-Africa scientific and technological cooperation as well as an incubator for young Kenyan talent.

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Peng Xianghu, a 51-year-old migrant worker in North China's Hebei province, has been admitted to the same university as his 19-year-old daughter and widely praised by netizens for his eagerness for knowledge.

People in Southeast Asian countries have strong spending power. According to investment company Temasek, the regions' market size of e-commerce will reach billion by 2025, and Indonesia is expected to comprise 52 percent of the total.

Pension management industry is not only about reducing fiscal burden for the government or providing alternative retirement plans for individuals, it also has a great meaning for the whole economy.

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Paying homage to history and memories

Peng Qinghua, secretary of the Sichuan provincial committee of the Communist Party of China, said in an interview with Xinhua News Agency that the policies include reducing private enterprises' energy cost and making it easier for them to raise funds from banks.

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Peng Tao, deputy director general of the Department of American and Oceanian Affairs at the Chinese Ministry of Commerce, said the forum was the first offline event between China and LAC countries this year.

Paul Misener, Amazon vice president, global public policy, said in a statement: