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"Consumer goods that are produced by enterprises with a medical background are gaining popularity as they give consumers an impression of hygiene, health and professionalism. Pharmaceutical companies' own medical attributes naturally give the companies a halo, and consumers are more likely to have a nice impression of their products," Jin said.

"China will continue its efforts to build an effective price control mechanism to ensure the healthy development of the real estate market," Wang said. "We will encourage the rental market and speed up the transformation of shanty towns."

"Currently there's more cooperation instead of fierce competition in the emerging big-data industry, "Han said: "Grasping that opportunity, the national lab and our research center will introduce big-data circulation standards and encourage enterprises to run big-data business according to the standards. Thus, we will embrace a better competition environment in the future."

"Combining Sephora's global brand resources with our technologies in 'New Retail' (that is, the merger of online and offline commerce), the tie-up is bound to bring customers a synchronized, rich variety of cosmetic products and experiences," said Liu Peng, president of Tmall's import and export business unit.

"Compared with the United States and Europe, whose online travel market is growing at 45 percent to 50 per-cent annually, we still have big growth potential," he said. "Therefore, the new policy is not a big threat to online travel agencies like ly.com."