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To attract long-term capital, many Chinese listed companies are striving to improve corporate governance. Foreign investors are keen to see more Chinese companies, including State-owned enterprises, proactively making full disclosures about market-sensitive information. This includes information like incentives for senior executives, said Yeo.

To cultivate domestic talents with globally recognized competency, Hangzhou will publish catalogue guidelines for qualification certificates in trades such as finance, tax, law and equipment manufacturing and award each qualification certificate holder a 20,000 yuan subsidy.

To assist Chinese and partner countries' projects in overseas markets, the Beijing-headquartered Asian Infrastructure Investment Bank already runs a special unit on compliance, effectiveness and integrity, which reports directly to the management board to ensure the transparency and accountability of various projects.

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To date, Guangling-made papercuts have been sold to more than 20 countries and regions, according to the county government.

To assist Saudi Arabia's battle against the contagion, KAPSARC has collected and compiled over 50,000 data records from daily reports by its Ministry of Health on the COVID-19 situation in the country.

To date, Loujit, with the help of US partners, has earned million exporting handmade pottery to over 90 countries and regions.

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To ensure the quality of pro bono legal service, the document vowed to ensure that such services meet the need of the public and are conducted by qualified lawyers in a well-regulated manner, said Zhou.

To bolster its "go global" vision, the Shanghai-based company teamed up with Hong Kong-listed Sinolink Worldwide Holdings in December last year to set up a Hong Kong-headquartered arm — ZhongAn Technologies International Group.

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To build a "global Britain" and achieve the goals of its industrial development strategy, the UK is promoting innovation and international cooperation in areas such as artificial intelligence, health care, elderly care, green growth and cultural and creative industries.

Time's annual distinction recognizes the person, group, thing or idea that it has determined had the greatest influence on events for the year.