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Liew Anh Luk, who came to China in 2002 from his home country Malaysia, answers visitor queries on pitaya at his plantation in Zhanjiang, Guangdong province, in November. [Photo by Qiu Quanlin/China Daily]

Limited new supply pushed high-end villa sales down 15.4 percent quarter-on-quarter, according to a report by JLL, an international real estate service provider. Housing demand was restrained further as the tight-policy environment persisted in the fourth quarter of 2017, with banks in Beijing increasing mortgage rates by 10 to 20 percent over the benchmark lending rate for both primary and secondary homebuyers.

Like China more than three decades ago, Tanzania lacks capital but is rich in labor resources, which Li said is an advantage when developing intensive farming.

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Li then took on a variety of jobs to make a living, from a food delivery courier and a substitute art teacher in Changsha, capital of Hunan province, to a factory worker in Shenzhen, Guangdong province.

Liang Ming, director of the foreign trade institute at the Chinese Academy of International Trade and Economic Cooperation, a think tank of the Ministry of Commerce, said China's trade had achieved an eye-catching performance in the first three quarters.

Li said China would avoid competitive devaluation of the renminbi, and keep the currency's exchange rate "at a reasonable equilibrium level." The monetary policy will remain prudent, without aggressive easing.

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Liang Xiaodong, one of the co-chief executive officer of China Literature, told a listing ceremony in Hong Kong on Wednesday that he was amazed by the robust investor appetite. He hoped more focus would be placed on the company's long-term development, rather than the results of the first day of trading.

Li said small coal-fired boilers had almost been eradicated with heaters switching to gas or electricity, and most districts, including those in the city proper, had stopped coal use.

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Li said the association has always been committed to becoming the bond of Kenyan-China economic and trade cooperation and continuously strengthening the economic and trade cooperation between the two countries.

Li, who is confident in the future of Koboro, said the profits can be in the tens of millions or even several billion in the future, as internet healthcare can generate profits from various channels, such as health management services and healthcare products.