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China's mass innovation and entrepreneurship programs are aiding the development of Chinese private equity funds, said Guo Libo, research head of China-Venture Group, which produces research reports on venture capital and private equity.
China's new rules on online lending of commercial banks take a prudent but open approach to balance innovation and risks in the sector, industry experts said.
China's financial opening up can be seen as part of the country's efforts to honor its commitments to the World Trade Organization, as well as a move that enables it to integrate with global markets, Lin said, adding that the pace was quicker than expected and the progress was "universally recognized."
China's first middle-to-low speed maglev rail line started operation in May 2016 in Changsha in Central China's Hunan province, making China one of the first countries to master such technology.
China's online-to-offline market has continued to grow by around 30 percent year-on-year, with online-to-offline services to homes, such as food delivery and laundry, growing by 76 percent.
来源：资阳报