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He hopes to use his tried-and-true experience to paint a brighter picture for his peers in Hong Kong to go to the Bay Area and get hands-on experience themselves.

He made the remark at a news conference while explaining the report made at the beginning of the 19th CPC National Congress, which ended on Tuesday.

He noted that all road works were being carried out under the concept of output-based performance contracts which will see the contractor carry out major rehabilitation to the roads in a period of two years.

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He called for efforts to implement the spirit of the fifth plenary session of the 19th Central Committee of the Communist Party of China, apply new development philosophies, promote high-quality development and forge new development paradigm to ensure stable economic development and improve people's livelihoods.

He noted that if the Trump administration imposes duties or other penalties on China as a result of its Section 301 investigation of intellectual property and forced technology transfer policies, then that may trigger a tit-for-tat war because the US is not permitted, under WTO rules, to do so.

He expected H-shares to see a correction of 5 percent to 10 percent in the latter half of this year. As the valuation of the mid- and small-cap stocks in A-share market had dropped significantly, he estimated small-cap stocks would rally 10 percent while big-cap stocks would rise about 5 percent in this period.

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He even spent a year in a Sydney bar figuring out the "magical possibilities between gins, wines and liquors".

He became the first Chinese to win the lifetime achievement award in coin design from the World Coin News magazine and World Money Fair, a global numismatic and precious metals convention.

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He faces hardship but finds comfort in his toddler's company.

He expects the number of transactions under CFIUS review will expand from the current 200 a year to several thousand cases if FIRRMA is passed.