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As the nation's online education startups all face operating losses, VIPKID said 90 percent of its channels achieved profitability when customers bought their product for the first time. It also noted its customer acquisition costs decreased by 45 percent year-on-year.

As these industries have now become major growth engines in many regions, local governments are considering ways of luring private investment such as public-private partnerships and industrial investment funds, according to the report.

As some drugs are being tested in clinical trials in South Korea and some, like niclosamide, are being further developed for trials, Kim said the next step for his team is to identify more drug candidates and to expand collaboration for their further development.

As was evidenced at the China International Import Expo in Shanghai earlier this month, China's own market-and particularly its middle-class consumers-represents a major opportunity for businesses around the world.

As the number of e-car owners rises, the need for building more private charging facilities is understandable, said Wang Binggang, director of the technical expert committee of the China Industry Technology Innovation Strategic Alliance For Electric Vehicles.