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Economic comments of the day

(China Daily)

Updated: 2015-03-05 13:37:53

Economic comments of the day

Jack Ma, chairman and CEO of Alibaba Group Holding Ltd. [Photo/Xinhua]

"Social changes will be beyond imagination over the next 30 years. For example, some have said supermarkets are slumping because of Taobao. Actually, the slump reflects a trend of increasingly personalized consumer demand."