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Apartments adjacent to high-quality public schools conventionally carry a higher price tag in China. But Chinese parents are willing to pay even more if necessary for similar conveniences in other countries. That's because overseas residential properties can also generate steady returns on realty investment, according to industry insiders.

Apart from its role of furthering Shanghai's continued reform and opening-up, the Hongqiao CBD will also facilitate the integrated development of the Yangtze River Delta region. Efforts will be made to create an internationally first-class business environment, said the plan.

Ant Financial, the world's largest third-party payments platform. [Photo/VCG]

Anta introduced high-speed production lines last year, which saw its daily shoe manufacturing capacity rise to 3,000 pairs.

Apart from serving China Construction Bank and its subsidiaries, the fintech company will export technology capabilities to external financial institutions. Its business scope includes software technology, platform operations and financial information services.