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Signed during AIIB's Third Annual Meeting in Mumbai, the MoU allows the two banks to foster collaboration, share information and facilitate knowledge exchanges on development finance, Islamic finance and integrity mechanisms.

Shoppers look at shoes in a shopping mall in Nanjing, Jiangsu province, on Monday. [Photo provided to China Daily]

Shenzhen continues to be a prototype and arena for experimenting with policies that might later be implemented throughout the country. With the approval of the establishment of SEZ by China's national legislature on Aug 26, 1980, the impoverished fishing village has been transformed into a modern metropolis over the past four decades.

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Since 2019, Best has established express delivery networks in Thailand, Vietnam, Malaysia, Cambodia and Singapore, where it is seeing volumes surge along with the rapid growth in e-commerce. The Hangzhou-headquartered company reported an eightfold jump in packages in these markets in the third quarter of this year.

Short videos may well become the main form of entertainment for young users, he said.

Shifting the fair online has also brought opportunities to exhibitors. By livestreaming, an import and export firm in Chongqing attracted an audience of nearly 100,000 people in three days, and obtained orders of intent from Morocco, Netherlands and Spain.

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Shoppers select fruits at a supermarket in Zaozhuang, Shandong province, April 11, 2019. [Photo by Ji Zhe/Asianewsphoto]

Similarly, financial research firm Gordon Haskett said in a recent survey that apart from music, books, movies and small appliances, consumers showed a preference for in-store purchases, especially for experienced-based categories such as groceries, household, health and beauty, pets and automotive products.

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Sihan Bo Chen, head of GSMA Greater China, said the 5G Innovation and Investment Group aims to attract more Chinese companies to participate in the global communications ecosystem to jointly promote technological innovation.

Sidewalk Labs CEO Dan Doctoroff is enamored with Toronto, where his company is partnering with the local government to build a high-tech waterfront neighborhood called Quayside. He’s so taken with Toronto that he thinks no other city will come close in Amazon’s HQ2 contest — that is, if the Seattle tech titan sees what he sees.