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At the same time, the company also introduced advanced techniques to manage the workflow and technological processes, he said.

At the swearing-in ceremony of LegCo in 2016, six members were disqualified by the court for invalid oath taking. The by-election filled four of the six vacancies. The other two vacancies are temporarily left to be filled as the two disqualified members were appealing against the ruling.

At the plenum, Xi, general secretary of the CPC Central Committee, emphasized the importance of technology in delivering government services－highlighting blockchain technologies, which enable cryptocurrency transactions and improve data storage capability.

At the same time, valuations in the bond market are starting to look attractive. Chinese real estate developers make up about half of the Asian high yield universe. As at the end of March, China property high yields had risen by 500 basis points on average this year for credit rated BB, and 700 basis points for Bs, as global liquidity dried up and caused significant price dislocations.

At the 19th Communist Party Congress, China reiterated its commitment to opening up on all fronts and building a community with a shared future for mankind. It has undergone four decades of effective reform and opening up and will continue to do so in the next 40 years. As President Xi Jinping said, “China will not close its doors to the world; we will only become more and more open.” This determination arises from China’s strong belief that openness brings progress, while seclusion leaves a country behind.