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Last year, Swiss bank UBS Group became the first foreign bank to gain majority control of its securities business in China.

Last year, Reed Exhibitions' local arm had the best-ever year in China, in terms of both revenue and profit, he said.

Last March, the central government issued a guideline on the innovative development of TCM.According to the guideline, health or medicine-related departments of governments at all levels should make efforts to promote the modern development of TCM.

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Last year, it rolled out Hitalk, a service dedicated to colloquial English that gained traction among those aged between 25 and 38.

Last month, the top securities regulator assigned an action plan to improve the fundamentals of listed firms, after allowing reverse mergers on the ChiNext board in October, which could encourage mergers and acquisitions involving listed firms in the innovative enterprise-heavy board.

Last year saw a significant increase in the number of such cases related to the environment, with a year-on-year increase of 42.4 percent, due to intensified regulation in the sector, he said.

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Last year, he recruited a local Chinese beer aficionado, Li Giu, to keep the Huzhou flagship running, and took his skills and trade back to Denver.

Last month, Abertay University in Scotland entered into a 10-year strategic partnership with Chinese gaming company Perfect World.

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Last week, billionaire entrepreneur Elon Musk unveiled a 1.83 km tunnel segment as a breakthrough in low-cost, fast-digging technology, and a first step in developing a high-speed subterranean network in Los Angeles.

Last year, China accounted for 30 percent of all global economic growth and the country's sustained expansion has created a surge in UK-bound tourism and investment, as well as increased demand for a British education, research capabilities, goods, and services.