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He added that the launch is also a celebration of the historic day when Nagchu was officially upgraded from a prefecture to a city. That was on Monday.

He added that the fund is looking to change its investment strategy but the process will be a gradual one.

He also urged Hong Kong and Macao to participate in the construction of the Belt and Road Initiative and jointly explore overseas markets.

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Having been in China for more than 20 years, the Swedish manufacturer of vehicles, engines and construction equipment hopes to better tap into the country's booming e-commerce sector, and sees more opportunities resulting from the government's growing emphasis on green initiatives, sustainable development and innovation, he added.

He also said the team has cut off the access of three rivers to Guanhe River, which empties into the sea, to prevent the pollution from spreading.

He also has created and run his own public account on messaging and calling app WeChat, posting moments from his busy campus life.

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He also hoped the public could provide information to the police for identifying the offenders.

He also called on both countries to carry out next year's events marking the 70th anniversary of the establishment of diplomatic ties, promote their traditional friendship and strengthen exchanges and cooperation in various fields.

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He added that the central bank would take the lead in coordination among supervision institutions.

He added debt level of large industrial companies has steadily dropped in recent years. In late August, their average debt to asset ratio was at 56.6 percent, dropping 0.5 percentage point over the previous year, according to Ning.