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Chinese banks should shift their focus from expansion to providing real economic value so they can seek higher quality growth, said experts from global market consultancy McKinsey and Co in a banking industry report.

Chinese produced versions of western franchises are common, and some have received record ratings. The Chinese version of variety show Britain’s Got Talent is the most viewed edition in the franchise’s history. Chinese networks have commissioned versions of British auto show Top Gear and UK variety series Pop Idol, as well as Dutch programs The Voice and Big Brother.

Chinese monetary authorities face the dilemma of growth slowdown risks amid a rise in consumer inflation, but in order to stabilize growth, the policy markets are expected to do more to bolster growth, according to a research note from the Nomura Securities.

Chinese financial regulators are channeling more energy into risk control and de-leveraging as solid GDP growth in the first quarter has provided more room for such adjustments.

Chinese internet companies are at a point when they must go global, and the Belt and Road Initiative has pointed to the right direction and created a conducive external environment, said Li.