Channel is directly connected with business success or failure of the enterprise, that is the important reason why entrepreneurs and theorists believe that "channel is the king".

渠道经营的成败直接关系到企业兴衰与成败，这也是企业家和理论界认为“渠道为王”的重要原因。

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In January 1994 the then Transport Secretary, John MacGregor, told MPs that Union Railways - the company set up to construct the Channel Tunnel link - had concluded that "St Pancras is preferable to King's Cross as the terminus on environmental, operational and commercial grounds".

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