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The coronavirus has not slowed China's steady deployment of 5G infrastructure. With tens of thousands of 5G base stations built every week in the country, domestic supply chains will be revived, cementing and advancing the country's position as the factory floor of the world, a Bloomberg article concluded.

The country will also continue to modernize its financial system, mitigating the risks of asset inflation and income inequality even as it provides needed capital to a much broader set of enterprises.

The country will considerably liberalize market access for foreign investment, further facilitate overseas capital inflows and offer favorable policies to such investment in the west, central and northeast China regions, said an official on Tuesday.

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The construction of the line is expected to start late next year or early 2019 and end in four to five years, company officials said. The cost is expected to be at least 12 billion dollars.

The cooperation will be based on the platform of the Nansen-Zhu International Research Center (NZC), jointly established by China and Norway in 2003.

The country's 25 leading excavator makers sold 15,274 units last month, up 44.9 percent from the previous year, according to the China Construction Machinery Association.

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The contribution to With Honor places Bezos among the ranks of tech mega-donors such as PayPal co-founder Peter Thiel and hedge fund manager Tom Steyer.

The cooperation between China and Madagascar is excellent, he said, adding that he hopes cooperation opportunities offered by the BRICS members can bring his country more Chinese investors.

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The countries and regions involved in the Belt and Road Initiative have become a new growth area for China's outbound direct investment, according to a report released by the Chinese Academy of Sciences on Monday.

The connecting line is of great importance to operating western China's railway network and implementing the Belt and Road Initiative, said the company.