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Chinese supermodel Liu Wen poses for the fashion magazine. [Photo/Official Weibo account of Elephant Kingdom]
Chiu said China's education system is mostly exam-driven. But, in addition to high test scores, young people need good language skills to succeed as students, career professionals and self-reliant citizens.
Citing the recent tie-up between Felda Global Ventures (FGV), Malaysia's leading global agribusiness and the world's largest crude palm oil producer, and China's Sinograin Oils Corp as a good achievement, Mah said he expected the momentum to continue.
Citing figures from consulting firm BCG, Kaellenius believes the luxury segment is where growth is and the number of wealthy individuals－with private investable wealth above 0,000－in China will grow, surpassing that in Western Europe, from 7 million in 2019 to 20 million by 2030.
Chip designers and software producers will be exempt from corporate taxes for two years. For the following three years, their corporate taxes will be halved.
