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As he put it, reform has set China on a rapid course of development. Penaranda mentioned China's progress in e-commerce, mobile payments and the pioneering high-speed railways in particular. All these have changed people's lives at home and also impacted those in the close vicinity of China, such as the Philippines, he said.

As a veteran in the airline and parcel delivery industry, Karen Reddington describes her association with FedEx Express as "a marriage made in heaven" in many ways.

As authorities reiterated their efforts to control property prices, tighter controls on home purchases are expected to continue in Tianjin, notwithstanding the northern Chinese city's efforts to attract more young talent with friendly policies.

As both general trade and processing trade－China's two main types of trade－have been hit hard, enhanced efforts need to be made to develop cross-border e-commerce, he said.

As a reporter, I tracked China's macroeconomic stories last year. Sometimes, the news may make people depressed when words like "slowdown", "financial risks" and "bad debt" appear in the headlines. However, at other times, frequent use of words such as "strong consumption", "technological innovation" and "rebalancing" could cheer readers up, portraying a bright outlook for the economy.