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He used to pack in a mountain of shoes in the cheapest hostel room in Hong Kong. "It was tough but I was really happy back then."

He strongly recommended boosting the development of Chinese securities firms by granting them tax breaks, low-interest loans and the right to manage clients' security deposits.

He said that while China remains the world's manufacturing powerhouse, global businesses need to diversify their sourcing base. Chang said developing countries, such as Bangladesh, Cambodia, Myanmar and Kenya, may become the next manufacturing bases.

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He warned of possible landslides and mudslides in northern China including Inner Mongolia and Hebei, and called for targeted implementation of heavy rainfall prevention measures in the region.

He said there is a huge room for growth in the current market. "China has around 800 million internet users, while only 220 million buy insurance online. It is important to expand the offerings that users actually need and provide better user experience that ensures all problems will be solved."

He said the Chinese government has provided or is providing material supplies to 127 countries and four international organizations and has sent expert teams to 15 countries.

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He said that the contagion is a "severe test" for China's ability to eliminate market risks and ensure goods circulation, but it won't change the trend of long-term stability and continuous consumption upgrade. The average daily sales of key retail enterprises monitored by the Ministry of Commerce in late February rose by 5.6 percent compared to mid-February. In early March, the average sales grew by 0.5 percent on a monthly basis.

He said the cease-fire call has resonated widely, with endorsements from 114 governments, diverse regional organizations, religious leaders and more than 200 civil society groups spanning all regions. Among those were 16 armed groups.

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He said the preparation is going well. The prospect of navigating a watercourse that is frozen solid for much of the year has not dampened his ambition.

He said the company, which accounts for more than 70 percent of the natural gas supplied in China, plans to continue negotiating with Central Asian nations for additional stocks to ensure adequate domestic natural gas supplies.