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Yu, a native of Tianjin, earned his bachelor's degree in physics from Peking University in 1949 and then conducted postgraduate research at the school's physics department. He also served as a teaching assistant.

You can use it to search for shows across various apps, play music or ask for updates like sports scores and the weather.

Yu'ebao was rolled out in 2013 by Tianhong and third-party online payment giant Alipay as an internet fund. [Photo/VCG]

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Yu calls himself an "empty nester", a term for parents whose children have grown up and left home.

Yet there's an opportunity for British entrepreneurs to learn from their Chinese counterparts, though these challenges won't disappear overnight. If the UK wants to overcome them, it must create resources that help businesses understand the Chinese market, its culture and its legislation to build the necessary foundations for successful business trade relations.

Yuan Jiajun, governor of Zhejiang province, said at a news conference that despite Sino-US trade disagreements, the growth rate of the province's exports in the first five months rose 8.4 percent, and that the province's two-way trade in 2018 totaled 2.85 trillion yuan (4.8 billion), of which exports comprised 2.1 trillion yuan. Zhejiang's total exports last year accounted for 12.9 percent of the national total, ranking third nationwide.

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Yu Jun, the general manager of GAC Motor, said the company has been working since 2016 to have its products meet US safety and emissions requirements.

Yet, market demand remains robust, and the ongoing consumption upgrade trend will not change, meaning it is unlikely that Moutai's prices will plunge in the near future, BOC said.

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Yi Gang, governor of the People's Bank of China (PBOC), said the country's economic fundamentals for sustained sound growth remained unchanged despite uncertainties, reiterating the central bank will pursue a prudent monetary policy in a more flexible and appropriate way.

Yuen studied, started his business, got married and became a father all in Guangzhou.