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And make greater contribution to world peace and prosperity.

An oft-asserted critique is that China's SOEs have a lower return on capital than private companies do, implying that the SOEs use resources less efficiently. It's true that the return on assets in the private sector was 7.6 percent versus 3.3 percent for SOEs in 2019, according to the National Bureau of Statistics. But the claim that this implies that these lower capital returns reflect poor efficiency is simply an inaccurate interpretation of economic theory.

An old adage used to pop up every time a cultural icon was facing the wrecking ball in Seattle: Maybe Paul Allen will buy it.

An unstoppable and exciting trend across the globe is that mobile commerce is expected to boom. By 2022, the largest three mobile commerce markets in the world are also forecast to be China, the US, and the UK.

Analysts believe extraction of combustible ice is technically feasible but will take some time to become economically feasible.