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It will use the opening as a springboard to gearing up its presence in the Chinese and regional market.

It should be highlighted as the fundamental goal of all their work and implemented throughout the whole process of teaching and research, said Wang, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee

It sold a record 205,000 trucks in the first six months of 2019, up 6.7 percent year-on-year.

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It will help reduce emissions of carbon dioxide by up to 300,000 metric tons each year while substantially improving local ecology, the environment and the overall energy structure.

It uses a new display technology called Infinity Flex Display that allows users to open and close the device a countless number of times without degradation.

It took workers around 38 days to build the production line, which usually needed at least six months, the company said.

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It will also look at further promoting China's new policies and measures on reform and opening-up. "How the Chinese economy will perform in the second half this year will be one of the hot topics at the seminar," Lu added.

It will include efforts to clarify the threshold for initiating crowdfunding projects and related obligations, he said.

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It will also invite vendors and shopping assistants to recommend merchandise via livestreaming, where hosts talk in front of a phone camera and promote products (usually with discounts) that customers can purchase via their mobile gadgets in real time.

It will be invested in rail transport projects, helping integrate related resources and technologies, according to Han Ying, chairman of the Guangzhou Industrial Investment Fund Management Co.