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Zong Qinghou, chairman of China's beverage giant, Hangzhou Wahaha Group Co Ltd, delivers a speech during a forum in Hangzhou, East China's Zhejiang province, June 8, 2013. [Photo/Asianewsphoto] |
"Enterprises are in a tough spot. On the one hand, taxes are very high; on the other, they are often mired in long government approval processes."
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