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"For smaller loan applicants, the major difficulty is the information asymmetry," he said. "How to reduce default risks of unsecured loans by monitoring the cash flows of companies is also a challenge, because small and micro enterprises are asset-light and short of pledges."

"For example, many Chinese companies got a lot of experience in infrastructure development in a lot of the Belt and Road countries and regions, but British companies can offer experience in project design, engineering, sustainable green growth and management consultancy and services."

"For countries nowadays, data is the crown of trade. Promoting the opening and flow of data is part of the capital's efforts to drive data for advanced productivity," said Tang Jianguo, vice-director of big data application and industries at the Beijing Bureau of Economy and Information Technology.

"Global peatlands cover only about three percent of global land area, but hold around 30 percent of the earth's soil organic carbon," said the study's author Zhuang Qianlai, a professor of earth, atmospheric and planetary sciences at Purdue University.

"Hainan has been mapping out plans (to develop the free trade zone), with one of its focuses on talent and education ... but it takes time (to see the result) when it comes to people," Yang said during the recent Boao Forum for Asia conference.