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"Compared with its convenience store business, selling automobiles has more added value."

"China's current public debt level, by our definition, which is a broad definition, is still moderate in an international context," said Alfred Schipke, the IMF's senior resident representative for China.

"Countries around the world face a critical test, which is whether we can reach consensus that international cooperation is the biggest driver of global growth and a key solution to preventing the economy from falling into a deep recession," Chen said on Friday at the sixth Global Think Tank Summit, held by the China Center for International Economic Exchanges.

"China's employment situation is holding steady, better than other major economies," he said. Wei told the media that the current employment situation will lay a solid foundation for stable and healthy economic development next year.

"Chinese people are more open to new technology, while the French like to do things the traditional way — that's why I see my product standing a bigger chance here than in France," Dessain-Gelinet told China Daily in his office at an incubator in the Hongqiao area of Shanghai.