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"By the end of last year, total assets of central SOEs amounted to 54.5 trillion yuan (.23 trillion), and their average debt ratio was 66.3 percent, down 0.4 percent on a yearly basis," he said.

"China has achieved over 60 percent urbanization. The figure will reach 70 percent to 80 percent in the future, and the cities' size will only grow bigger and bigger, presenting challenges in their management and operation," he said.

"Buying cars at a traditional dealership often means more time and higher cost than buying online due to the limited availability of car models, lack of information, long transaction period and insufficient services," said Zhao Xiang, an analyst from Analysys, a domestic internet research firm.

"China has been developing so fast the past few years, and there are so many Chinese companies in Serbia. I often heard about China from them and was fascinated about it. I would like to know how China was able to develop so fast, and so I decided to study MBA here," she said.

"China is everywhere in the media today. Being a player globally, China grows rapidly. But when we talk about China, there may be some negative images involved in the Western media," said Beck, who was Canada's Consul General in Shanghai in 1999, when Shanghai's development was beginning to take off.