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As the city is also poised to become a global hub for technological innovation, trade, shipping, finance and economy, Shanghai will be home to an abundance of job opportunities, added Tian.

As the first of the kind in the world, the company was built to tame online finance risks and better regulate the online payment industry increased at staggering pace.

As the coronavirus-hit global economy charts the course of restarting in the aftermath of the unprecedented public-health crisis, businesses and the international community should lose no time in gearing themselves up for the pronounced, wide-ranging technological and societal changes that can fundamentally reshape our future, industry leaders and experts told the China Daily Asia Leadership Roundtable in Hong Kong on Monday.

As the year 2018 marks the 40th anniversary of China's reform and opening-up and also the 10th anniversary of the establishment of a strategic partnership between China and South Korea, this event is expected to provide new and greater opportunities for economic and trade cooperation between Beijing and Seoul, as well as the rest of Asia, the organizer said in a statement.

As the central bank, the People's Bank of China, launched its massive reverse repurchase operation after the Spring Festival - injecting additional liquidity to boost the economy - investors anticipate that more stimulus measures like this are underway, said Linus Yip Sheung-chi, chief strategist at First Shanghai Securities.