Yet the award is justly Mr Gao's for the favour he did two decades ago in helping introduce cultural modernism to China.

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In terms of manufacturing capability, Ford plans to create three regional hubs in China, to introduce 15 new vehicles by mid-decade, and to fill niches where it does not currently compete.

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Ford plans to introduce 15 new models in China by 2015, and is building five new manufacturing facilities and bringing its Lincoln luxury brand there in 2014.

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Earlier this month, China halted plans to introduce tougher penalties for traffic offences, following a public outcry.

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China Telecom is expected to introduce the iPhone before the end of the year, Reuters said.

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The Beijing News and China Youth Daily call on authorities to introduce free medical treatment for bird flu victims who are less well-off.

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Lenovo plans to introduce the smartphone in the second quarter of 2013 in China, followed soon by select international markets.

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That said, quarterly results may take a back seat to guidance, with Starbucks announcing that it will introduce Verismo brewers in China next year.

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The People's Bank of China is therefore likely to raise interest rates and to introduce further, stricter quantitative measures to curb lending to the hottest sectors.

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Dell will face strong competition from smart phone vendors such as Nokia, Apple, RIM, HTC, Samsung and Motorola who have strong presence in countries like the U.S., China, Brazil, U.K. and India where Dell plans to introduce its phones over the next year.

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