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Another example: market research and customer surveys can become proxies for customers – something that’s especially dangerous when you’re inventing and designing products. “Fifty-five percent of beta testers report being satisfied with this feature. That is up from 47% in the first survey.” That’s hard to interpret and could unintentionally mislead.

App of the Week: Sky Guide for iPhone and iPad.

Anxi launched preparations to apply for the World Craft City for Rattan Iron Crafts in 2015.

Another challenge is to find the right balance between government intervention and letting markets play a decisive role. Substantial progress has been made over the past two years; for instance, with reducing excess industrial capacity and the housing overhang, and government intervention played a critical role here. However, it is also broadly accepted that well-regulated and competitive markets are critical for increasing economic efficiency and productivity. This is exactly what China needs to achieve a high-income economy in the coming years.

Antengene Corp partnered with US clinical-stage pharmaceutical company Karyopharm Therapeutics Inc earlier this year, and obtained exclusive rights for the development of four clinical-stage drug candidates of Karyopharm in Asia.