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"Developing new competitiveness including technology, brands, quality and service, has helped greatly increase transactions for Chinese exporters and overseas buyers," said Xu.

"Few political leaders can exercise this kind of long-term planning and control over their countries, but the pillars of China's strategy offer a replicable model for how policy reform and targeted investment can raise a country's English proficiency level," it said.

"Evernote has mastered several cutting-edge technologies, such as artificial intelligence and marketing analytics. The joint venture framework will take the leading technologies and products from Evernote to better cater to the Chinese market," he said.

"Factors leading to the increase in M&A activity include the search of Chinese companies for overseas growth and intellectual property rights," said Feng Lin, founder and chief executive officer of DealGlobe. "And their easy access to financing."

"Every arrival is on Bill Shorten and Labor's head. Every arrival," he told reporters in Canberra.