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Xing said the risks will be low. "Even if investment amounted to billion a year...it still only accounts for less than a third of China's current account surplus and around 0.5 percent of the nominal GDP."

Xie said while seniors have other ways to spend their time after retirement, such keeping pets or gardening. But he believes reading brings joy in a quite different way.

Xu Dazhe, governor of Hunan, said that the tech-savvy approach has helped energize the province's manufacturing industry and put it on the high-quality development path.

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Xiang Weiming, global vice president of GE in the United States and president and CEO of GE China, told Shen Xiaoming, the governor of Hainan during a recent working meeting in Haikou, the provincial capital, that GE will push forward in-depth cooperation with Hainan in such fields as aviation, medical service, clean energy and remanufacturing.

Xiaomi is not the first Chinese company that is eyeing the Indian internet finance market. Ant Financial, the finance arm of Alibaba, has invested in Paytm, the largest mobile payment platform in India. Tencent has also reportedly bought a minority stake in Policybazaar.com, an Indian online insurance aggregator.

Xie lived in Qingfeng, a village in Huichang blessed with fertile land. He recalled the villagers planting rice and raising poultry on the lowlands and growing mushrooms high on the mountain's slopes.

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Xu Xiangchun, information director and analyst with iron and steel industry consultancy mysteel.com, believes that the deal will be beneficial for both sides. "It will be helpful for economic stability and employment in the UK and help the Chinese company to expand its market share, global influence."

Xing Shengguo, general manager of Tianjin Dezheng Human Resources, a labor dispatcher, was delighted when he received what he said was the fastest approval he had ever seen in his 10 years in the sector.

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Xiao said Porsche is planning to introduce another SUV into its portfolio in 2019, and he expected Chinese customers' enthusiasm for such vehicles to continue for quite a while.

Xu Jinghu, the Chinese Government's Special Representative for African Affairs, made the remarks while addressing a side-event of the 38th session of the UN Human Rights Council.