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"By pushing forward development of the STAR Market, we aim to promote reform of the whole capital market, nurturing more high-tech innovative enterprises and furthering economic upgrading," said Pi Liuyi, deputy director of the China Securities Regulatory Commission's Department of Market Supervision.

"But, this is a critical juncture and it's the individual actions, coupled with the testing and the tracing and the local containment."

"Buying appropriate Christmas gifts is also a difficult annual task for Westerners," he said. "And with the concept of a market economy getting into more and more Chinese minds, bigger and thicker red packets are just something that come naturally. After all, it's easier for people to measure the value of the gift if it comes in cash."

"China has managed the aftermath of coronavirus much more efficiently than Western economies and will therefore catch up with these economies rather more quickly," he said.

"Canada doesn't view trade surpluses or deficits as a primary measure of whether a trading relationship works," Freeland said in her opening remarks, adding current trade between the US and Canada is "balanced and mutually beneficial."