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Containers are seen at the Yangshan Deep Water Port in Shanghai, China April 24, 2018. [Photo/Agencies]

Courteney Donaldson, head of childcare and education at Christie & Co, told Daynurseries website that many Chinese investors are interested in buying nurseries in the UK because they value education so highly.

Cortizo won 33 percent of the vote, compared with 31 percent for the runner-up Romulo Roux of the Democratic Change party.

Considering that China has vowed to continue to cut leverage levels in the financial sector and the real economy, liquidity will remain quite tight and economic growth may ease, therefore ruling out the possibility of strong rises in consumer inflation, said Lian and Tang.

Consumption has become a major pillar of the Chinese economy and the country is expected to increase support for consumption of services, such as health, education, culture, sports and entertainment to boost growth, Liang added.