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"Consultative democracy is a model and strength unique to China's socialist democracy. The CPPCC is an important channel for socialist consultative democracy and a specialist consultative body," part of the draft amendment reads.

"China's economy has shifted from a high-speed growth stage to a high-quality development stage. Promoting green development, establishing a sound economic system with green and low-carbon recycling, as well as strengthening energy saving, and environmental protection and clean energy industries are the future trend, which offer great opportunities for the development of natural gas industry," said Cai Fang, deputy head of CASS.

"Companies from Hong Kong have learned to succeed in the long term by staying steady and keeping low leverage," said Huang. "Being steady is like navigating the sea. A high leverage and heavy debt will affect how you manage and control the quality of the development," she said.

"Clearly, we see now that China is driving into a more sustainable economy, caring more about the environment, growing the service sector and really trying to become a leader in innovation," he said.

"China's corporate evolution, from being a home for low-cost manufacturing of parts and goods for multinationals such as Apple and Nike to being a producer of high-value products, is shaping mergers and acquisitions in the Belt and Road region," said Boehm.