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As China builds a modern and open economy and the UK tries to maintain its global ties, opportunities for the UK to participate in the China-led Belt and Road initiative could crucially link together the two countries' respective goals, said Liu.

Arthur Bi, a partner at McKinsey and Company, said a traditional method of expanding business was to ask a massive number of agents to promote insurance sales. But that method can no longer meet the diversified demands of customers; nor can it aid the development of the industry.

Around the same time that Amazon dropped the clause, Microsoft announced plans to let its cloud customers actually use Microsoft’s array of patents in their own defense should they find themselves on the wrong end of a lawsuit. It’s not hard to imagine Microsoft cloud sales people in competitive sales situations pointing to its Azure IP Protection policy while highlighting a clause in Amazon Web Services’ agreement that implies you can never assert patented technology against it.

As China strives to protect its ecological integrity, the financial sector is coming to the aid to contain pollution and help advance the industrial transformation.

As Jiang explained, the iron and steel industry is an important pillar of China's economy. The output of China's iron and steel industry accounts for about half the world's total. The domestic market is fully competitive and price fluctuations are clear. Therefore, there is strong demand to avoid risk.