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"From the perspective of economics, the ageing society does have its upside, as tomorrow's 'gray population' in China and around the world could translate into golden consumption and investment opportunities that insurers and reinsurers cannot miss out on," said Savarese.

"From our previous experience, consumers are generally happy about the agricultural products from Leishan, an extremely poor county in Guizhou province, but the problem was few people knew this place," he said. "We have a competitive price and excellent products, but we had no online traffic."

"Funds from this round of financing will be mainly used in the research and development of the community and trading system as well as recruiting talent to further improve user experience on investment and communication at Xueqiu, and to provide them with cross-market and multi-category stock and fund trading services," said Fang Sanwen, founder and CEO of the platform.

"For the last 10 years, we have been deepening our involvement in Africa's growth story and the continent's partnership with China to enable our clients to tap into trading and investment opportunities between the two regions," Yi said.

"For some of the residents, garbage-sorting is too trivial a matter to put into practice," she said. "Some of them even threw garbage at our volunteers."