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Thanks in part to heightened R&D capabilities, last year, China's top 100 companies, led by e-commerce heavyweight Alibaba Group Holding Ltd, raked in 1.72 trillion yuan in revenue, up by 50.6 percent year-on-year, according to the report.

That is what Harris, or whoever becomes the next US ambassador to Australia, should bear in mind.

Tencent Chairman Pony Ma was "definitely looking at our WeChat messages every day", Li said at a business forum on Jan 1.

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Tencent has also invested billions of dollars in video content in the belief it will generate online advertising revenue as it looks to come up with new digital offerings through WeChat and QQ platforms.

Thalmic Labs, a six-year-old wearable technology company based out of Ontario, Canada, announced 0 million in Series B funding today.

Texas is open for business, according to a new report from CNBC evaluating the economic climate of each state in the nation.

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That could mean, if one-third of the 9 million students who took the exam travel overseas and spend an average 5,000 yuan, the summer trip market could be worth more than 15 billion yuan.

That is important for most young people struggling to find work-life balance in urban areas due to hectic lifestyles.

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Tensions on the Korean Peninsula are at a high point not seen in several years, as Trump wants Pyongyang to halt development of nuclear weapons that could hit the United States, while the Democratic People's Republic of Korea believes that having nuclear weapons is the only way to defend itself from the US.

Technology like machine learning, big data, and cloud computing could be very helpful for the government and financial institutions in updating regulatory measures, said Zhang.