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"Governments can foster market-oriented development and broad-based growth by creating rules that help businesses launch, hire and expand," World Bank Group President David Malpass said. "Removing barriers facing entrepreneurs generates better jobs, more tax revenues and higher incomes, all of which are necessary to reduce poverty and raise living standards."

"Ford is a family company and saying goodbye to colleagues is difficult and emotional," Hackett wrote.

"Future technologies, including 5G, the internet of things and AI (artificial intelligence) will drive society into the era of the internet of everything," Li, vice-president of China Mobile, said.

"For global brands, stepping into China through cross-border e-commerce means more than just market expansion," said Zhang Tianbing, Deloitte Asia-Pacific Consumer Products and Retail Industry Leader. "It requires a combination of digital resources and approaches to connect and interact with consumers, and satisfy their demands promptly, accurately and efficiently."

"France is working on upgrading its manufacturing industry, so there is a huge space for greater bilateral cooperation," Cui said.