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The report predicted the e-commerce market in China would expand 19 percent in 2017, a relatively modest rate compared to six years of rapid growth including 74 percent in 2011.

The report stated that there was no evidence that Trump's campaign conspired with the Russian government during the 2016 US presidential election but didn't conclude if the president had obstructed justice.

The regulatory cost, from illegal fundraising and cross-border money laundering emerging from bitcoin trading, is much higher than the innovation benefits from the cryptocurrency, pushing policymakers to make the decision, said Du.

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The report developed a China Central City Index, which analyzed a total of 297 cities based on 10 indicators, including political status, economic and social power, transportation network, business environment, innovative capability, life quality, and culture and education levels.

The report included a pair of dueling charts showing the market capitalization leaders today versus five years ago, and tech companies?dominate the rankings in 2017. The top five most valuable companies by this metric are a who’s who of tech giants: Apple, Google-Alphabet, Microsoft, Amazon and Facebook. Add in Chinese tech giants Tencent and Alibaba, and tech makes up 70 percent of the top 10 last of most valuable companies by market cap.

The report covered responses from 176 executives based on the Chinese mainland and in Hong Kong between September and October 2018.

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The relation between demand and supply in these industries has improved, which helped many enterprises to enhance their profitability. So workers received higher salary than before, said Meng Canwen, chief statistician of NBS.

The report came as China and the EU are advancing negotiations on a bilateral investment treaty. The two sides aim to make significant progress this year and reach consensus on a high-level treaty in 2020, according to the Ministry of Commerce.

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The report initiated by Renmin University of China covers 52 universities, including Beijing Normal University and Shanghai Jiao Tong University, as well as some enterprises and social organizations that jointly formed an investigative tracking network. Seventy percent of undergraduates start a business while at university, and 26 percent of students have a strong will to launch a startup, an increase of 8 percentage points compared to 2016.

The regulation on foreign experts' work permits issued by the State Administration of Foreign Experts Affairs requires that foreign language teachers in China must obtain a work visa and be a native speaker with a bachelor's degree or higher, have at least two years of related teaching experience and no criminal record.