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Wang Yi, director-general of the finance department at the ministry, introduced some basic principles for running the national financing guarantee fund at a media briefing on March 30. He highlighted that the fund should neither be used for issuance business for local government bonds, nor be invested into the property and stock markets.

Wang Jinlian, a poor villager from the prefecture-level Hinggan League, Inner Mongolia autonomous region, does the stitching work from home after the novel coronavirus outbreak affected the workshop's operations. [Photo/Xinhua]

Wang said against this backdrop, companies need to offer end-to-end comprehensive AI solutions that can truly generate value and help clients embrace digital transformation.

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Wang said the regulator will allow foreign companies to provide more diversified financial products and services in the onshore market, taking advantage of their capabilities in terms of risk control and high-standard compliance.

Wang Wanqiong, a criminal defense lawyer from Sichuan province responsible for Chen's case, said she is happy to hear the standard is to be raised. She said state compensation should catch up with the country's rapid economic development.

Wang is also head of the IMT2020 (5G) Promotion Group, a team established under MIIT to accelerate development of the super-fast technology in China.

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Wang Ping, 28, a freelance translator

Wang Shenghan, an e-commerce wine retailer based in Beijing, has an equally ambitious plan.

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Wang Zhicong, vice-president of sales and marketing group at Intel, said China's PC market is getting increasingly upgraded and demands more customized products to meet the diverging requirements of different groups.

Wang Yi, state councilor and foreign minister of China, on Wednesday reaffirmed the country's commitment to the United Nations and its key role in the international order.