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Besides, when market resources are at a relatively low price, it is a good time for unlisted companies to take over listed shell companies and initiate M&A on the A-share market, he said, adding the regulator's easing of policies will further boost the influence of market mechanisms, and increase their efficiency as well.

Bezos, the world's richest person who runs an omnipresent e-commerce company, mulled the question out loud before answering that it was something "I've read reports of, but don't have personal experience."

Benedikt Sobotka, chief executive officer at Eurasian Resources Group. [Photo/China Daily]

Biden, for his part, said in Des Moines that Trump has been "using every element of his presidency to try and smear me."

Beyond easing dire poverty in rural areas, China has an ongoing parallel policy to build a moderately prosperous society by 2020, a crucial aspect of which is setting up a basic social security system. This has been done progressively since the 1980s.