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Statistics from the State administration also showed that China has attracted expats from European and Asian countries because of its rapid economic growth and a widening range of opportunities.

Starting from July 1, Hainan has increased its annual tax-free shopping quota from 30,000 yuan to 100,000 yuan per person each year.

Sputnik: Are they from the US or from Russia?

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State Councilor General Wei Fenghe, who is also China's defense minister, said on Thursday that the country will never give up "one single piece" of its territory, warning that "repeated challenges" to its sovereignty over Taiwan are extremely dangerous and will result in relentless action from the Chinese military.

Starting from 6 pm on Wednesday, Hong Kong’s karaoke lounges, mahjong parlors and nightclubs were required to shut down for 14 days to contain the pandemic.

Starbucks announced Friday that the coffee chain would allow workers to wear clothing and accessories supporting the Black Lives Matter (BLM) movement, reversing its stance after it was called out on social media and threatened with boycotts.

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Starting from this year, the ban will be observed in 332 conservation areas in the Yangtze River basin, which will also be expanded to all natural waterways of the river and its major tributaries from no later than Jan. 1, 2021.

Statistics from IDC showed that while China is a leading power in terms of digital economic development, it lags behind in the cybersecurity market. China occupies only 5.9 percent of the total global security market, while the US accounts for 44.2 percent of the total.

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Starry Lee Wai-king (third from right), chairwoman of the Democratic Alliance for the Betterment and Progress of Hong Kong, and her candidates attend a news conference in Hong Kong on Monday. KIN CHEUNG/AP

Stanford, Conn. research firm MKM Partners last week predicted Amazon’s market cap could reach .5 trillion by 2024. Amazon’s leading cloud computing business, as well as a surge in its retail market share, will be the engines that get the company to that point, writes MKM’s Rob Sanderson.