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Lhapa Tsering made about half a million yuan last year. "Life has become as good as it can be," he said.

Li Li, research director at energy consulting firm ICIS China, said China's import of gas currently accounts for more than 30 percent of domestic consumption, and the figure is expected to continue rising.

Lenovo reclaims top spot in global market share of traditional PCs while Apple sales drop sharply in the third quarter of this year, according to a report by global market research firm International Data Corporation.

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Li Shilong, the head of Beijing Funeral Association, said younger people write a will to better cope with potential risks, rather than out of concerns for death.

Li Xiang, founder of startup CHJ, said the road ahead for new companies will be quite tough, and a lot will not survive.

Li Li, energy research director at ICIS China, a firm that tracks China's energy market, echoed the view, adding that the COVID-19 pandemic has also led to a significant and permanent change in the industry.

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Li Jiaqi, 27, has applied various lipsticks while livestreaming on the short-video app Douyin, bringing him tens of millions of followers. About 15,000 lipsticks were sold within five minutes of him livestreaming last year in competition with Alibaba founder Jack Ma.

Li added that the Confucius classroom at USIU-Africa has been established in collaboration with the Confucius Institute at Kenyatta University and aims to strengthen the role of Confucius Institutes globally by promoting the teaching and learning of Chinese language and culture.

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Li Dongmin, general manager of Baidu Map, said a growing number of projects are using map data. For example, the autopilot technology that various high-tech companies are competing to develop cannot be separated from the support of map data, which makes the map collector's career development promising.

Let me explain why I am using the P/B ratio rather than the more common P/E or price-to-earnings ratio as the gauge to calculate the valuation history of indices. Although P/E ratio is more frequently cited in financial analysis, the volatility of earning, as it fluctuates from the top of the business cycle to the bottom, makes it unfit for a comparison that is made across many years.