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China's campaign to eliminate overcapacity has started to pay dividends and that will contribute a lot to the country's economic improvement, said Erik Lundh, a senior economist at The Conference Board.
China won't accept lectures from other countries and will object to the practice of double standards, he said, adding that the country is willing to step up exchanges with the EU under the principle of mutual respect to seek common progress.
China's VC tech investment in the first quarter of the year reached billion, contributing 66 percent of the total invested in Asia, and with 101 projects China has the largest number of venture capital deals in the Asian market, the report said.
China's A-share market is showing signs of a slow recovery, with the Shanghai Composite Index rising 0.56 percent to close at 2610.51 points on Monday and the Shenzhen Component Index gaining 0.59 percent to close at 7626.24 points.
China's capital market reform and opening-up has accelerated, represented by the launch of the STAR Market, or the sci-tech innovation board. What opportunities has this process provided for your company? How do you plan to align business strategies with these opportunities?
