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Chinese investments in Africa's manufacturing sector will enable the continent to realize rapid economic growth and create new business opportunities and local partnerships, which will see Africa rise from the ashes of poverty and underdevelopment.

Chinese car makers have been working closely with technology giants to develop self-driving vehicles in recent years, with some unmanned buses already being put to test use in some Chinese cities.

Chinese people now expect their children to live better lives than previous generations, she said.

Chinese financial regulators never stopped clamping down on token-backed capital raising activities, such as ICOs, and security token offerings or STOs. This has been the case from the very beginning of cryptocurrencies' emergence in the country.

Chinese home appliance manufacturers are gearing up to recycle waste household appliances into reusable products, as part of broader push to promote the development of circular economy.