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Capital market reforms and opening-up measures are expected to be rolled out continuously to achieve steady and healthy market development, as China's economic upgrading will rely heavily on the capital market to spur advances in technologies and the services sector, said Hong Rong, founder of Shanghai-based investor education platform Hongda Education.

Capacity building

Chai said that the future of trade in services will be shaped by four trends: digitization, the rise in income, demographic development and climate change.

Charles Harder, Trump's personal lawyer, in a legal notice provided to Reuters, warned of possible claims including libel against Wolff and publisher Henry Holt & Co and threatened to try to block publication of the book. Harder also told Reuters that "legal action is imminent" against Bannon.

Charlene Li, general manager of iFlytek North America, said expansion in the US market may be an uphill task in the short term, but "if we wouldn't plan ahead and do spade work, we had to do it several years later, which is too late".