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Another groundbreaking initiative, the Shanghai-London Stock Connect, commenced trading on June 17. The connect brings Shanghai and London bourses together with the issuance of depository receipts that are exchangeable with stocks listed on the other exchange.

Another report by the China Academy of Information and Communications Technology said that the superfast 5G is expected to directly bring 10.6 trillion yuan (.5 trillion) in economic output between 2020 to 2025, and 8 million jobs by 2030.

Another reason is the rise in third- and fourth-tier cities may depend on an increase in hidden local debt. In this round of the real estate cycle, housing prices continued to increase for a long time with a huge overall rise. Decrease of housing prices in more third- and fourth-tier Chinese cities indicates the end of the boom in the property sector, which started at the end of 2015.

Apart from Chinese investment, Lock's firm is looking to host road shows in South Korea and the Middle East later this year to rope in more investors.

Ann Le Cam told Xinhua that, "Our winning formula is simple: everyone under one roof, open communication, and freedom to innovate."