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Wang Xiaofeng, CEO of Beijing Mobike Technology Co Ltd, and Dai Wei, CEO of ofo Inc, two arch rivals in the bike-sharing industry recently talked with China Daily, sharing their opinions on overseas expansion plans, government regulation and how the sector will reshape itself. Beloware the edited excerpts.

Wang said that despite trade friction and the world economy in downward pressure, economic and trade cooperation between China and the EU has bucked the trend and kept growing.

Wang Zhao, deputy director at the automobile standardization institute of the China Automotive Technology and Research Center, said that intelligent connected vehicles are at a critical turning point from testing to commercialization, which is pushing the formulation of relevant standards.

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Wang further said such services are already available in the market. Beijing-based tech company Trinity Earth, for instance, is able to assess a play or film and predict its popularity in advance using big data.

Wang Lixin, managing director for WGC's China operations, said China's gold-backed ETFs have contributed a major part of the 14.3 tons growth of Asian-listed funds in that year's third quarter.

Wang paused in front of a tripod cauldron in a glass case displayed against a life-sized photo of officials in the Qing Dynasty, in which the tripod and another large bronze were included. He said the cauldron is from the Palace Museum.

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Wang reiterated that the return of Chinese companies to Libya is linked to improved security situation, noting that Beijing will encourage Chinese companies to return as soon as Libya regains stability.

Wang Ning, deputy mayor, said the museum "can be a hub for cross-border cultural communication and thus help our goal of making Beijing a global city".

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Wang Shenghan, an e-commerce wine retailer based in Beijing, has an equally ambitious plan.

Wang said the purpose is to connect domestic suppliers directly with overseas customer needs, which raises efficiency and lowers costs. And thanks in part to the promotional activities, newly opened stores on AliExpress－which operates in 230 economies－enjoyed triple digital growth in March compared with the previous month.