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Large-scale greenhouse farming is an investment-intensive project and cannot be sustained only by government financial support. Therefore, the local government has been encouraging villagers such as Fan to take the lead to rent greenhouses or build their own, supported by financing packages provided by financial institutions.

Last week, the United States-based venture capital firm Sequoia Capital announced the establishment of its own billion global fund to compete with the SoftBank Vision Fund. The firm’s Chinese arm, Sequoia Capital China, will raise more than billion for the fund that will focus on investments in Chinese companies.

Last year, private investors invested .9 billion in commercial space companies, according to a report from investment firm Space Angels, and a record number of 120 venture capital firms made investments in space ventures last year, the report found.

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Lashio, a major trading town in northern Myanmar, is the capital city of the country's Shan state where several ethnic armed groups are active.

Last year, Beijing's contribution to journals included in the Nature Index, measured as weighted fractional count (WFC), was 1,693, and Shanghai's was 762. Together, the two cities contributed to more papers than the next dozen cities combined in China, according to the Nature Index.

Last year, China launched its first space lab, Tiangong-2, and sent the Shenzhou-11 manned spaceship to dock with it. Two Chinese astronauts stayed in Tiangong-2 for a month, setting a new Chinese record for space residency.

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Last year, Alibaba spent billion to buy Southeast Asia's top e-commerce player Lazada Group to enter the region.

Last month, BOC unveiled 20 measures to support private enterprises, with the aim of stabilizing China's foreign trade and domestic investment. The measures include optimizing the bank's credit granting policy, reducing the cost of financial services, and expanding the scope of collateral.

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Last year, annual sales revenue approached .4 billion, an 8 percent year-on-year jump with non-GAAP profit at 3 million.

Last year, Mislatel, a consortium formed by China Telecom and Filipino businessman Dennis Uy, obtained the Philippines' telecoms license to become the third major telecommunications player in the country.