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Analysts believe the easing of restrictions would provide global companies massive growth opportunities in the country's fuel retailing sector.

Angel Chow, a tourist from Hong Kong, says Chinese tourists will find shopping more convenient in places like London's Camden Market if they can use payment apps. [Photo/China Daily]

Andrew Ng, founder and CEO of Landing AI and deeplearning.ai, general partner at AI Fund, co-founder of Coursera and an adjunct computer science professor at Stanford.

Andy Jassy, CEO of Amazon Web Services, has joined the investor group aiming to bring an NHL expansion team to Seattle, adding new financial capital and tech credibility to the effort to land a pro sports franchise a few blocks from the tech giant’s headquarters.

Analysts say current headwinds only highlight the necessity of using reforms to shatter institutional shackles and unleash vitality for sustained growth.