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Taobao is taking steps to fight back against the stellar rise of Pinduoduo. It launched the Taobao Special app, which encapsulates social and gaming elements by distributing cash rebates and timed offers on small-ticket items.

Tashi Gyatso, a spokesperson of the Tibetan regional government, said efforts had been made on geological disaster prevention and control, power supply, and reconstruction of roads, water conservancy, joint inspection and cross-border facilities to meet the conditions for the resumption of cargo services.

TOKYO — Talk about geek paradise.

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Taking this technical factor into consideration, if we use the old gauge, the current P/B ratio of the HSCEI should no longer be 0.91. It should be 0.68 instead, 12 percent lower than the previous low point of 0.77. Don't forget that what followed this 0.77 spot at the beginning of 2016: the HSCEI rose from 7,500 to almost 14,000 within just two years.

TOKYO — Former Nissan Chairman Carlos Ghosn plans a news conference later Friday that would be his first since he was arrested in November on financial misconduct allegations.

Target?also announced a number of smaller tech initiatives, including a program in which it would partner with?entrepreneurs to test products and concepts in the stores. It will specifically focus?on?the “Internet of Things”?space, which includes such gadgets as Internet-connected watches, wearables or home appliances designed to make people’s?lives easier.

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Take Silicon Valley as an example. Silicon Valley is one of the world's most prestigious science and technology centers. Its history of growth comes not only from the innovation of new technologies such as personal computer, internet, and online search engine. It also comes from the unique capital structure that binds the personal financial well-being of its scientists and technicians to the business success of its startups.

Tang made the remarks at the opening ceremony for this year's events on Wednesday.

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Taking selfies is hugely popular in China, as smartphones and social media services make photos easy to snap and share. The Oxford Dictionaries even announced "Selfie" as its International Word of the Year in 2013.

Taxis line up waiting for customers outside the national convention center in Shanghai in November. [Photo by Li Fusheng/China Daily]