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He said it is because "online knowledge providers tend to avoid their moral responsibilities as educators." For years, he has been producing various audio programs online about topics as diverse as Chinese history, Japan and tea.

He pledged to open more space in the defense sector to private enterprises and break vested interests, saying obstacles to private companies' participation must be removed.

He proposed that China’s pension funds sign contracts with large institutional investors such as the sovereign wealth funds of Norway or Singapore. The contract would say that, each year, the Chinese funds pay the outsiders the total returns from their investments in the Chinese stock markets. The outsiders pay the Chinese funds the gains from the world index fund. No actual stocks change hands and capital controls can remain in place.

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He said Hong Kong's judicial system was still respected by the international community and its image remained unaffected by the recent resignation of a non-permanent judge.

He said Yanoda will continue to make innovative efforts to build the zone into new tourism landmark of the province.

He said as information technology development is robust and information travels fast, it is important for BRICS to take innovative steps in exploring new avenues of cooperation.

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He said that such a business environment means a lot to foreign companies as they will feel safe and confident that their brands and technologies are protected and secure, which he believes is "the heart of any innovation society".

He said China's expanding middle-income group has created a lucrative market for high quality products, traditional brands representing excellent craftsmanship or Chinese characteristics certainly can win consumers via methods such as innovation, 'going global', mergers and acquisition, business mode switch and forming new partnership with companies in other sectors.

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He said that tariffs could put economic pressure on people in a city where the minimum wage is per hour.

He said he was honored to be elected the NPC Standing Committee chairman and pledged to work hard to fulfill his duty.