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Wednesday's data also showed that employment in China remained stable. Surveyed unemployment rate in urban areas stood at 5.3 percent in July, up by 0.2 percentage points from June, according to the NBS.

Well, if he/she hasn't done that yet, it could mean he/she may want to catch up with over 5 million children around the world who have been using educational robots or intelligent hardware made by Chinese startup Makeblock (2017 sales: 203 million yuan or .6 million, 70 percent of which came from overseas).

Weng Tiehui, vice-minister of education, told a news briefing on Friday that this year's expanded postgraduate program will see an additional 189,000 undergraduate students given the opportunity to further their studies.

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Wei Qiujie was captured on security camera footage leaving a guesthouse in Sapporo, Japan on July 22. Photo from Southern Metropolis Daily

What's more, the ambassador said that China announced the 2020 version of the negative list for the access of foreign investment and the negative list for pilot free trade zones, and the negative lists are getting shorter and shorter.

What other challenges are still to be faced?

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When Japanese electric vehicle startup GLM needed more funding to put its high-end sports car into production, domestic backers couldn't muster the financing.

When I first moved to Beijing, weekends were spent wandering around the city, and I was surprised to encounter so much architectural variety. From brutalist 70s-era housing to upscale (and not so fancy) shopping malls, to industrial sites repurposed as art zones, Beijing has a lot to take in.

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Welton said Cantonese people and products will still play an important role in Chinatown, but there will be less of them.

Wengfu is pressing ahead with more than 30 overseas projects in countries such as Vietnam, Indonesia, India, and Kenya, most of which make use of its technologies related to mining and processing.