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Wang called on the two sides to work for high-quality CPEC development in the next phase, and make concrete progress in industrial park building and agricultural cooperation.

Wang Tao, chief China economist at Swiss bank UBS, said the manufacturing sector is set to stay within the expansionary territory in the rest of the year but the expansion could lose some steam on a month-on-month basis.

Wang Zhendong, an analyst at Shanghai Feiyue Investment Management Co Ltd, a consultant to the coffee industry, said the chain's shift in priorities amid its fast expansion has had a negative impact on its growth.

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Wang also reaffirmed China's commitment to never seek hegemony, expansion or spheres of influence, saying that China will stick to its path of peaceful development.

Wang added that the wisdom of Confucius, dating back more than 2,500 years, is still applicable to the healthy development of modern society.

Wang said the country will strive to realize the Chinese Dream of achieving the great rejuvenation of the Chinese nation under the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era.

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Wang said that China firmly supports Myanmar in its efforts to advance domestic peace process, and expected that relevant parties would sustain the ceasefire situation in northern Myanmar through consultations and maintain peace and stability in the two countries' border area.

Wang Qingxian, Party secretary of Qingdao, said the Jiaodong Economic Circle is not only a key strategic hub serving north, south, east and west but also an important pivot point for the New Eurasian Land Bridge economic corridor eastward to Japan and South Korea and westward to countries involved in the Belt and Road Initiative.

国内seo

Wang Yang (right), captain of the emergency medical team from The Second Xiangya Hospital of Central South University, helps Yu Song, head of Wuhan's Wuchang district, put on protective clothing during Yu's visit to the district's temporary hospital in Hubei province, on Feb 7. LI JIANING/FOR CHINA DAILY

Wang Tao, chief China economist at Swiss bank UBS, said in a research note that policies will remain supportive in the second half. While credit flow will likely stay resilient for the rest of the year, there may be a low incentive to adopt further monetary easing, Wang added.