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China Daily | Updated: 2015-03-24 08:09

The "One Belt, One Road" policy will see financial institutions focusing more on the Asia-Pacific region and coming out with innovative financial products to the growing opportunities in local markets. The Bank of China will take steps to further promote the issue of offshore renminbi bonds to adapt to the new trend.

Tian Guoli, chairman of Bank of China Ltd

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Chinese companies are likely to slow the pace of global expansion after the "China Manufacturing 2025" program and the developed countries' "Industry 4.0" strategy, which will close the gaps in labor costs. High-tech manufacturing will see robust development in China and help reshape the world's manufacturing industry.

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