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"Commercial banks should not overlook the importance of digitalization, including fintech and big data, with which they can advance the transformation of their retail banking business," he said.

"Chinese universities offer a wide range of high-quality programs but charge affordable tuition fees. With many scholarships available, their courses are even the most affordable options among leading universities in the world," he says.

"China's hydropower technology, after years of development, is of top quality, and very competitive, on the global stage, in terms of cost, construction, management and control experiences for mega-sized projects.

"Cooperation is necessary in this aspect. You know smart cars are difficult for one carmaker to develop no matter how big, and carmakers will feel a little worried if they rely too much on platforms of tech giants like Google or Baidu."

"Companies will only protect them when such regional brands become commercial. The process is hard, but it is a must. Otherwise it will be extremely difficult to attract continued investment to the agricultural industry," he said.