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As an effective means of purchasing land and expanding businesses, Chinese property developers made 333 M&A deals worth 296.1 billion yuan last year, up 14.7 percent and 31.6 percent year-on-year, respectively, the paper reported, citing data from property research institution China Index Academy.

As for the weak links, Zhang notes that relevant departments adhering to independent innovation will fully develop across all industries and take the lead in some.

As early as next year, aesthetic medicine service supplies and demands will boom in first-tier cities in China, with consumers of different ages and occupations becoming more rational.

As a result, China would devote more resources and policy support for sci-fi and science popularization, create training programs and mechanisms to encourage sci-fi writing, and establish platforms for interdisciplinary and global collaborations, he said.

As a part of the deal, Amazon will sell Macmillan e-books under an agency pricing model, which will allow Macmillan to set the price at which its titles are sold, and give Amazon a cut of the proceeds. It’s similar to the deal that Amazon struck with Hachette Book Group, after the two companies spent months in a drawn-out fight over e-book pricing.