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As of Friday, firms completed 4,018 M&A deals worth 1.51 trillion yuan (8.4 billion), as compared to 2,998 deals with value of 1.7 trillion yuan last year, according to information service provider Wind.
As of Friday, Ma's fortune was worth .9 billion, compared with .7 billion for Wang. Ma Huateng, chairman of Tencent, took the third spot with .7 billion, according to the magazine.
As opposed to worries that technology may make people jobless, Djankov pointed out that they also create many more new occupations. For example, instead of hiring traditional loan officers, JD Finance, a leading fintech platform in China, created more than 3,000 risk management or data analysis jobs to sharpen algorithms for digitized lending.
As of April 25, China had disposed of 304,000 tons of medical waste since Jan 20, with daily treatment capacity up 1,220 tons from before the epidemic, official data showed.
As of now, UCAR's car-rental arm Car Inc has gathered over 100,000 vehicles in more than 300 cities across China. Car Inc reported that its revenue rose 22 percent year-on-year to 3.61 billion yuan (6 million) in the first half of this year.
