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He Gang, president of Huawei's smartphone business, made the forecast in Changsha. His comments came after the company said it would meet its target of shipping 200 million units of handsets in 2018, with the year drawing toward an end.

He also suggested courts across the city set up an information sharing platform with other labor-related departments, including social insurance and tax authorities.

Having moved to Shanghai almost two and a half years ago, and having lived in China for more than six years, I've personally seen that the whole of Chinese society has been undergoing a huge transformation. Quality of life has greatly improved. China has kept its pace of economic development for a long time since then, and I'm happy to have experienced that first hand.

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He advised banks to establish institutions or mechanisms to step up support for innovation driven by financial technologies, boost the fintech talent pool, and further improve the talent incentive mechanism.

He accused Iran of supporting "terrorist groups on Israel's doorstep" and "the leading state sponsor of terror." He said that the U.S. will work "with Israel "to confront Iran" and "will never allow Iran to acquire a nuclear weapon."

He argued that traditional carmakers are often more focused on manufacturing and they have a business-to-business model through their dealers, while new forces are more likely to provide better services directly to customers.

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He added that in addition to political gains, the British government also wants to make financial gains, as any Hong Kong people it accepts cannot receive government welfare during the initial six years of residency before they are granted right of abode.

He also said that to ensure the successful practice of "one country, two systems", it is also necessary to make good use of the advantage of "two systems" by leveraging Macao's unique strengths.

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He argued that the accusations in the two articles of impeachment from the Democrat-controlled House of Representatives-abuse of power and obstruction of Congress-were too vague to justify removing a president from office. "They fall far short of any constitutional standard and they are dangerous," he said.

He also found time to study for a master's degree in management at St. John's University, Queens, in 1964. That same year, he and five ship dealers from Hong Kong founded Foremost Group in New York.