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Going overseas holds the key to development

By Andrew Moody and Chen Yingqun | China Daily | Updated: 2013-09-02 07:34

Going overseas holds the key to development

Vaughn Barber, head of China Outbound for KPMG, says ODI is a key way to achieve the transformation of the Chinese economy. Zou Hong / China Daily

Private companies are set to spearhead China's overseas business expansion over the next decade, according to a new report.

Going overseas holds the key to development

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