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The Chinese government implemented policies such as preferential tax rates, streamlined regulatory processes, and offered incentives such as access to the vast Chinese market to attract investment from business leaders in Hong Kong and Taiwan. They also established economic zones and free trade areas to encourage foreign investment.

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How does Dubai generate revenue and sustain its economy?

Dubai generates revenue and sustains its economy primarily through tourism, real estate, trade, and financial services. The city's strategic location, modern infrastructure, and business-friendly policies attract foreign investment and businesses, contributing to its economic growth. Additionally, Dubai's oil reserves have played a significant role in its economic development, although the government has diversified the economy to reduce reliance on oil revenues.


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