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The new pattern, where domestic and foreign markets can boost each other, with the domestic market as the mainstay, does not mean a closed-door circulation, but represents a continuation of China's opening-up efforts.

The new Fuxing bullet trains travel at 350 km/h, going from Beijing to Shanghai in four hours and 18 minutes.

The new pact－the Basic Exchange and Cooperation Agreement on Geospatial Cooperation－was a "significant milestone" that would foster cooperation between the militaries of both countries, Esper said at a news conference after the signing ceremony.

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The new plant is designed to accommodate nine production lines -- four for water products, four for sparkling beverages and one for juice and juice drinks. Four lines were put into operation Tuesday and another five lines are expected to be launched by 2020.

The national flag is seen in Pyongyang, the capital of Democratic People's Republic of Korea, on Sept 9, 2018. [Photo/Xinhua]

The new fund is set up to invest in after-sales auto services, new energy cars, and smart driving technologies including internet of cars, advanced car operation system and autonomous driving, Li Hui, head of the fund, said.

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The need for China to be seen in a positive light is all the more important given the stiff competition from likes of India, Japan, Russia and Turkey, who have similar investment ambitions, Vairon said.

The new GLA has also retained its rugged all-terrain drivability, with its downhill speed regulation, a system that maintains the vehicle's speed at a predetermined value for slow and steady downhill crawls, and the cross-country comfort suspension gives it a 204-millimeter ground clearance, further enhancing the vehicle's off-road performance.

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The new rules, published by the CSRC, together with the People's Bank of China and the State Administration of Foreign Exchange, have combined the previous two separate sets of regulation for the QFII and RQFII schemes into one, lowering entry requirements and simplifying procedures to facilitate foreign investment.

The newly-issued financial data showed that "the banking system's liquidity is now at a reasonably ample level," said Ruan.