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As for growth of the Producer Price Index (PPI), which measures costs of goods at the factory gate, Zhu predicted a month-on-month drop of 1.3 percentage points to 6.3 percent in April and a near-zero growth rate at the end of the year due to the high base effect.

As for the legislation on personal information protection, which has been put on the NPC's Standing Committee's legislative agenda, Zang said studies and draft-related work are still being improved.

As he explained, Chinese consumers' demand for quality products, the expansion of the middle-income group in the country, and the sophistication of its consumers were the major reasons for the growth momentum of the Chinese confectionary industry this year.

As another friend, who owns a company specializing in industrial intelligentization, used to tell me, so many internet-based projects claim to empower factories, but they mostly focus on the internet side, not so much on the industry. With talent working to make the internet more powerful than ever, machines in factories are still dumb.

As an online platform, Okay.com has vastly saved rental expenses on setting up offline outlets. It also enables the agency to encourage its staff to share information with each other with financial incentives. The one who provides the relevant information stands to reap up to 10 percent of the commission once others have closed a deal.