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By 2021, the combined cross-border e-commerce market here is projected to hit 1.3 trillion yuan, according to Matthew Crabbe, Asia-Pacific research director at global consultancy Mintel.

But there is a more important metric – how many Chamber of Commerce endorsed candidates are on the Council?

But what really went wrong? Why was one of Seattle’s rising stars, a 2,600-person company with rapidly growing profits and revenue, unable to keep thriving under the umbrella of the world’s largest software company? And has Microsoft learned enough to avoid making similar mistakes with its .5 billion Skype acquisition or .2 billion Yammer acquisition?

By 2020, Jiangsu will have 1,000 intelligent workshops for making automatic, intelligent networking equipment, with nearly 70 percent of the total equipment being manufactured by robots, according to the Industrial and Information Technology Department of Jiangsu.

But, the city has demonstrated unparalleled vibrancy in terms of business activity and entrepreneurship, and the sufficient talent supply in the city is an important reason for the large number of fintech startups in Hangzhou, he said.