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The average age of his company's employees is around 27 years old. He said an environment that nurtured entrepreneurship had helped his company to grow.

The award in 2015 of the Nobel Prize in Physiology or Medicine to the Chinese pharmaceutic chemist Tu Youyou, together with William Campbell and Satoshi Omura, gave TCM a higher profile and may have helped increase sales of TCM products, including cosmetics.

The association was upbeat about the outlook at the beginning of this year. However, the rapid growth seen in 2017 is now over, with demand growing at a significantly slower pace this year.

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The bill is now sent to the Senate where it is expected to face significant hurdles.

The benchmark Hang Seng Index opened at 31,028.678 points, plummeting 1,216.54 points, or 3.77 percent on Tuesday. Financial stocks went down, with China Construction Bank, Ping An and Industrial and Commercial Bank of China all falling more than 4 percent.

The bank's non-performing loan ratio stood at 1.4 percent at the end of 2019, down 0.19 percentage points from the end of 2018.

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The bearish Hong Kong stock market has impaired the performance of many newly listed companies. The Hang Seng Index has dropped more than 14 percent since the beginning of the year.

The average daily tax exemption stood at 9.39 million yuan during the period, up 58.2 percent from the average daily amount in the first half of the year, the administration said.

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The bank reported strong earnings of 37 cents a share, beating analysts' estimates of 27 cents a share. But revenue of .5 billion was just above Wall Street's estimate of billion.

The biggest mistake we’ve made so far:?“Building our app with OrientDB graph database hosted on Google. We are migrating to SQL Azure hosted on Microsoft Azure via the Microsoft BizSpark program.”