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Lex Africa founder member Fred Ojiambo told a media briefing that Chinese firms have began to recognize the importance of seeking legal assistance while doing business in Africa.

Li Sze-lim- chairman of the New Home Association which organized the trip and also executive chairman of Guangzhou R&F Properties - said the creative and innovative spirit of people in Zhejiang, where entrepreneurship is highly encouraged, is something Hong Kong youth can learn and benefit from.

Li Hanyi in Guiyang contributed to this story.

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Li Wei, director of the PBOC's science and technology department, told China Daily recently that there is still no timetable to launch its own digital fiat money, which is also known as "digital currency and electronic payment". However, another PBOC official said earlier that the issuance of the first digital currency "will be soon".

Li Zhifang (middle) and his colleagues make sure that a continuous supply of fresh produce arrive at markets in Wuhan, Hubei province, during the city's lockdown due to the COVID-19 outbreak. [Photo provided to China Daily]

Lesetja Kganyago, the IMFC chairman and governor of the Reserve Bank of South Africa, said in a press conference Saturday that trade tensions have adversely impacted global trade and the global economy. "There cannot be winners in a trade war. In the end, the biggest loser is going to be the global economy."

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Li Jie is building a house in Yunqiu Mountain, Linfen of Shanxi province, Nov 20, 2017. [Photo/IC]

Lengthening working lives is actually long been sought by Japanese government. In 2004, as a way to keep Japanese on the job well into their 60s and 70s, the government raised the retirement age from 60 to 65 and required companies to raise or set no retirement age, or, re-employ workers who did retire.

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Li Chengri, an expert at the Chinese Academy of Social Sciences, said the ROK wants to grasp the friendly atmosphere between the two countries during the Olympics and take the opportunities to defuse the Korean Peninsula crisis.

Li added that gifting previously was more about the occasion or the gesture, whereas nowadays younger consumers are paying more attention to traditional culture and customs when buying gifts.