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The Chinese entrepreneur won the auction for this year's Buffett lunch with a record high .57 million bid in June, while he canceled the planned lunch meeting, claiming he had "a sudden kidney stone attack" in a Tuesday post on Weibo.

The China-Europe freight rail service network, a crucial part of the BRI, has expanded rapidly. Sunday's arrival of freight train X8044 from Hamburg, Germany marked the 10,000th trip since the beginning of the freight rail's operation in 2011.

The ChiNext Index, China's NASDAQ-style board of growth enterprises, lowered 1.14 percent on Monday, at 1,588.37 points.

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The Chinese government has made continuous efforts to tackle this issue through restructuring options including mergers and consolidation, liquidation, debt-equity swaps and corporate asset sales.

The Chinese government advocates building a community of shared future for humanity, it added.

The China Securities Regulatory Commission will work with Beijing authorities to explore the possibility of establishing a "science and technology transformation board," Yan Qingmin, vice-chairman of the commission, said at the "2019 Financial Street Forum in Beijing" on Thursday.

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The Chinese economy is expected to ride out the pressure brought by the novel coronavirus outbreak and maintain strong economic growth by global standards this year, economists said on Thursday.

The Central Committee of the Communist Party of China and the State Council jointly released a document on Saturday, saying that China is aiming to establish a free trade system in Hainan by 2025 and make the free port system more mature in the province by 2035.

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The ChiNext Index, China's NASDAQ-style board of growth enterprises, rose 2.52 percent to 1,245.16 points.

The Chinese government has set a goal to have 5,000 such vehicles on its roads by 2020, 50,000 by 2025 and 1 million by 2030.