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Yang Delong, chief economist at Shenzhen-based First Seafront Fund, said that the overseas markets fluctuated quite significantly during the seven-day National Holiday starting Oct 1. The Dow Jones industrial average dropped below 26,000 points on Oct 2, hitting its lowest point in a month. When the market closed on Oct 5, the Dow Jones industrial average dropped 0.92 percent in a week, while the Standard & Poor's shed 0.33 percent during the same period. The FTSE 100 index in the United Kingdom slumped by 3.65 percent during the first trading week in October, while the Hang Seng Index dropped by 0.52 percent in Hong Kong.

Yang said efforts made by foreign destinations amid the pandemic have also boosted Chinese travelers' confidence in the eventual resumption of outbound travel.

Yankuang Group, a Shandong-based mining conglomerate, previously set up a joint lab with China Unicom and ZTE to develop 5G and intelligent mining in areas including 5G-based smart mining, intelligent transportation and drone patrol.

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Years later,?as a post-doc at Stanford during the dawn of the?golden age of microscopy,?she channeled her?passion for physics and imaging into exploring biological systems.

Yang said that he hoped that JDD could be a starting point for the combination of the academia and the finance sector.

Yang, the TokenInsight partner, said more efforts would also be needed to overcome technological bottlenecks.

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YTO Express chairman Yu Weijiao said Chinese couriers are thriving and the world needs Chinese services. Over the past decade, courier companies have benefited from the e-commerce. But the market remains largely domestic. Cross-border operation accounts for merely 2 percent in terms of handling volume. However, changes came fast. In the first quarter this year, Chinese mainland couriers handled 170 million pieces of parcel across the border, up 29 percent from a year earlier, State Post Bureau figures show. The revenue of overseas delivery grew by 19.8 percent to hit 11.1 billion yuan. All top five Chinese couriers, also including ZTO Express, Yunda Express and STO Express, plan aggressive overseas expansion. Overseas expansion has been encouraged by the government as the five-year plan (2016-2020) calls for setting up a batch of overseas logistics centers. Cainiao Network Technology, Alibaba's courier aggregator, has set up such centers in Southeast Asia, cutting cost by 44 percent while shortening delivery time by a quarter, said the company's spokesperson Guan Xiaodong. Zeng Junshan, an industry observer, saw overseas operation a key structural change for Chinese couriers as the domestic market saturated. Major Chinese online retailers have expanded overseas. In June, both Alibaba and JD.com announced plans to launch end-to-end retail shopping websites for overseas clients. Wang Yonggang, a marketing manager for Chinese smart-phone Vivo, said online shopping is becoming a global phenomenon. He said the company on average receives 1,000 overseas orders via online retailers. "We are seeing a new trend in global trade," said Wang Jian, a professor with University of International Business and Economics. "It is not just corporations and big traders involved. Individual consumers, micro enterprises are playing an increasingly important role."

Yao Ming, risk director and general manager of credit department at China CITIC Bank, said: "The slowdown in the growth of non-performing loans will be affected by our efforts to adjust asset structure, especially the structure of our clients and business sectors."

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Yang is accused of taking advantage of his former posts of a member of the standing committee of the Communist Party of China (CPC) of Hebei province and vice governor of Hebei province, to seek benefits for others and accepting "a huge amount" in bribes, according to the SPP.

Yan, the investor, said that in the age of mobile internet, countries with a larger population will have an advantage over countries with smaller populations. Young Chinese companies such as the e-commerce platform Pinduoduo and the car-hailing company Didi are all beneficiaries, he said.