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In the mountain areas of northeast Jilin province, a 401-kilometer route with 19 stops remains in operation after 54 years and it has become the only green train running between the cities of Jilin and Tumen.

In the petrochemical field, two other projects were inked. In July, during Li's visit to Berlin, the German chemical company BASF SE, a Fortune Global 500 company, signed a deal with China to build a solely owned petrochemical factory in Zhanjiang, Guangdong province, with investment of billion.

In the interview, Lee said the Initiative-related cooperation in sectors such as infrastructure investments, trade and tourism can help further "integrate China into regional and international economic systems while greatly boosting the prosperity and development in other countries."

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In the industrial sector, consumption totaled 4.27 trillion kWh, up 7.1 percent year-on-year, and for the service sector, the numbers were respectively 0.99 trillion kWh and 12.8 percent.

In the meantime, foreign direct investment in the Chinese mainland rose 1.3 percent year-on-year to 345.59 billion yuan (.66 billion) in the first five months of this year. The number of new overseas-funded companies set up during the period surged 97.6 percent year-on-year to 24,026.

In the past 10 years, China has put tremendous effort into fundamental research, as well as the commercialization of scientific findings to fuel the economy, he said. "It is encouraging to see China has such clear respect and strong commitment to support science and technology."

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In the statement on Sunday, Sultan Abdullah stressed that the budget to be tabled to the parliament is "very important for the people in dealing with the COVID-19 outbreak and the economic recovery."

In the last quarter alone, Airbnb has seen more than 1 million guest arrivals at listings in China. Compared to the same time in 2016, that number has almost tripled, and the company's domestic business in China has grown 100 times from 2015 to 2017.

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In the report, the lender also warned of the slowing potential growth over the longer term, which was seen in economies that account for more than 65 percent of global GDP.

In the past four decades, China has also reduced the number of people living in poverty by 750 million.