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"Chinese enterprises can seize the favorable opportunities to expand trade and investment in Africa, help Africa achieve economic takeoff while achieving their own development goals, and make contributions to promoting mutually beneficial and win-win economic and trade cooperation between China and Africa", Liu said.

"Consumption will contribute about 6 percentage points of China's GDP growth, which will reach 8.2 percent next year, according to our estimation," he said.

"Considering that the regulator has significantly shortened the process of granting preparatory approvals to Bank of China Ltd and China Construction Bank Corp, and that many banks - especially large ones - have almost completed the preparatory work in terms of organizational frameworks, operating systems and staffing, the first batch of wealth management subsidiaries are expected to be formally established around the middle of this year," said Yang Yu, an analyst at the Shanghai-headquartered Hwabao Securities Co Ltd, in a research note.

"Chinese are hardworking and keen on timekeeping. Meetings in China begin on time－or some minutes before time－but not late. People are also willing to work weekends and overtime. Every employee is focused on achieving a certain goal," he says.

"Courts are required to apply different degrees of judicial policies to property rights and economic disputes," said Wang Haiyan, professor at China University of Political Science and Law, adding that applying the measures used to tackle criminal offenses to economic disputes is strictly prohibited.