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"By reinforcing their moats, industry leaders will become even stronger, and the sector will present a higher competition threshold, and the market centralization will become more obvious," said Neil Wang, president of Frost & Sullivan China.

"By then, we could be a 0 million company," the entrepreneur said. According to Parafuzo's funding brochure, the company, which was set up in 2014, already had a break-even cash flow by November 2016 and in that year, it had .93 million in GMV, 3,000 in net revenue and 3,000 in net loss.

"CMS has over the years been tremendously committed to bringing chamber music to different places around the world. We have been very lucky to engage with a lot of people who have been able to help us do that. The most important person for us of course in China is Shirley Young," said Suzanne Davidson, CMS executive director, in a press release.

"By 2030, they think it's going to be a 150-billion-dollar market in China. They think it's going to reframe the basis of competition worldwide and add a trillion dollars to China's GDP."

"CDC has done a very good job in general, but I think the one area that it has done a very poor job in is the ability to have an adequate number of people tested," said John Swartzberg, clinical professor emeritus at University of California, Berkeley's School of Public Health.