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Wang added that "in recent years, Hubei invested 10 billion yuan into building major scientific platforms and another 10 billion yuan into supporting universities and research institutes. We see talent as the primary resource and innovation as the primary driving force. In the future, Hubei will continue to cultivate more scientists, entrepreneurs and investors to boost the province's scientific innovation undertakings."

Wang said Luckin Coffee's subsidy has lowered the level of per customer transaction and therefore reduced profitability of the entire coffee chain industry. However, its boldness to digitalize a conservative catering business has prompted the reforms of the brewed coffee industry and has shaped new consumption behaviors in the country, he said. For example, Luckin's quick expansion to size stores and emphasis on delivery services and cashless payment have stimulated the prevalence of delivery and store pickup services in coffee chain brands across the country.

Wang believes that elderly Chinese people nowadays come to nursing homes to either seek medical care or fulfill social and spiritual needs, so rated institutions should offer more specific services.

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Wang noted that China has lifted 850 million people out of poverty, contributing more than 70 percent to world poverty reduction. Meanwhile, China cut its carbon emissions by 45.8 percent in 2018 compared to that in 2005, which honored its commitment to the international community ahead of schedule and made great contributions to combating climate change, he added.

Wang also announced that 37 heads of states or governments will attend the second Belt and Road Forum for International Cooperation to be held in Beijing from Thursday to Saturday this week.

Wang recalled that two years ago at the UN President Xi Jinping called for the construction of new international relations, featuring win-win cooperation, to build a shared future for mankind.

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Wang said that the profound friendship between China and Africa will remain unbreakable, quoting President Xi Jinping’s statement that China and Africa are friends tested by adversity and such friendship must not be forgotten.

Wang Ting, a human resources management and employment professor at the China University of Political Science and Law, said a number of factors had increased pressure on the job market. These included ongoing trade frictions between China and the United States, sluggish global economic growth, mounting downward pressure on the Chinese economy, and the rise of automation in the manufacturing sector.

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Wang said the key to success in the pen business is to position the brand image.

Wang Lai, BeiGene's senior vice-president, said data from the phase-2 clinical trial conducted in China since early 2017 among patients with relapsed or refractory MCL, used in the application accepted by the FDA in August, showed Brukinsa had higher efficacy than the other two similar drugs - AstraZeneca's Calquence (acalabrutinib) and Johnson & Johnson and AbbVi's Imbruvica (ibrutinib).