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"Crucially, consumer spending is catching up after a slow start and complementing what has been an industrial-led recovery," the report commented, foreseeing retail spending to get a boost from the Singles' Day shopping festival, which fell on Nov 11.

"China was closed for the whole 10 years of the 'cultural revolution' (1966-76) and the hospitals when we got here had nothing in terms of hardware. We saw that opportunity and I think we helped to change the way healthcare was delivered at that time. Before, the doctors had their stethoscope and their two hands to rely on. We brought the first ultrasound, the first MRI, the first patient monitors, the first electrosurgical generators, the first ultrasound scalpels. Later, the first surgical robot. So many technologies we brought for the first time really changed the tools that doctors have to do their business with," she says.

"China would not want to increase the value of the exchange rate and it would not want to undermine the value of the bond," he told this newspaper on the sidelines of the China Development Forum in Beijing on March 24.

"Cross-border e-commerce can be an ideal way for foreign companies to debut in China thanks to easier access, lower costs and reduced time for market entrance," said Zhang Tianbing, Deloitte Asia-Pacific consumer products and retail industry leader.

"China's commitment to reducing its reliance on coal will change lives and improve the environment, and that is why we are investing in a project aligned with that ambitious plan," Jin said in a statement.