Last November, British golfer Aaron Rai won his first European Tour title at the 60th Hong Kong Open, held at Fanling's Hong Kong Golf Club (HKGC). With his win, the 23-year-old Rai may well have set off something of a global evolution - he is of Indian descent and, along with a group of newly emerging Indian players that includes Rookie of the Year Shubhankar Sharma, may be a catalyst for greater golf awareness and accessibility on the Indian subcontinent.
The country's factory activity, measured by the manufacturing Purchasing Managers' Index, slowed to a three-year low in February, indicating that China's economic growth remains weak.
China is committed to developing an international innovation and technology hub in the Guangdong-Hong Kong-Macao Greater Bay Area, which will serve as a leading force for national innovative development, the country's top economic regulator said.
Maintaining financial stability has never left Chinese macroeconomic officials' agenda and "grey rhino" style financial risks are rising in some areas, including local government debt, bond markets and overpriced housing, a senior official warned on Thursday.
China will continue its efforts to open up the economy and reduce market access restrictions on foreign investment, the Ministry of Commerce said.
Despite the stock market slump and economic uncertainties, China is still home to the largest number of dollar billionaires and contributed the most new faces to the Hurun Global Rich List unveiled on Tuesday.
China's private hospitals, as a beneficial supplement to the country's public hospitals, should target market segments and offer high-value service to get market approval, experts said.
China's oral health market was worth 121.5 billion yuan ($17.9 billion) in 2018, and is expected to grow rapidly this year, a recent report said.
In 2015, Beijing resident Zhao Min had refractive surgery at Ming Shiguang, a private eye clinic, rather than a public hospital.
Infrastructure construction could be further fueled by inviting more private funds into local governments' fiscal spending under new policies and clarified regulations, on which policymakers will count to shore up the world's second-largest economy this year.
Shenzhen's 2018 gross domestic product surpassed that of Hong Kong, calculated by the annual average exchange rate, for the first time in history, as the latter unveiled the government's 2019-20 budget on Wednesday.
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