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Philip Gabriel Simko

People consult for rates of residential houses in Dubai at an overseas properties fair in Beijing. Many Chinese HNWIs plan to buy properties overseas in the future. [Photo by Wu Changchun/For China Daily]

People are demanding more and better healthcare, and the allocation of medical resources is a tough balancing act.

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People have fun at a park in Xining, Northwest China's Qinghai province, on May 5, 2020. [Photo/Xinhua]

Peter Tyroller, the Bosch board member responsible for Asia Pacific, said, "We will continue the investment into the local market, and speeding up in the internet of things field in China."

Personal commercial pension schemes, which include tax-deferred pension insurance and pension securities investment funds, will see explosive growth in China over the next 10 to 20 years, fueled by the driving force of tax incentives and government policies, a newly issued white paper by McKinsey & Company said.

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Peng also said that although the possibility of China seeing a systemic financial crisis was small, it did not mean that the real estate and financial sectors should seek unlimited expansion.

People from China who want to enter Singapore are able to apply for an air travel pass to enter Singapore, and must have remained in China for 14 consecutive days before entry.

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People wade through water after heavy rainfall at a street in Hefei, Anhui province, on June 27, 2020. [Photo by Huang Yangyang/For China Daily]

Peng said the overall stock surge was higher than market expectations, reflecting market recognition with capital market reforms and stimulated vitality.