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In this sense, the island's sugar mills will begin to play an essential role in helping the country achieve energy independence.

India, a guest of honor at the second China International Import Expo recently held in Shanghai, saw a large increase in its transaction volume compared with last year, Xi said, adding that China welcomes more imports of high quality goods from India.

Increased competitiveness in the industry will help in the promotion of large scale and automated production, the merger of small companies, and encourage domestic companies to buy or develop farms overseas to reduce costs, for example for improved technology or land.

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Industry experts said concrete details are needed to transform their collaboration from capital to business, and further strengthen their respective competitiveness.

Inclusive growth that China has been championing is an effective solution to the difficulties facing globalization and the world economy, Wu told Xinhua after the opening ceremony.

In this way, Halimah will be declared Singapore's eighth president and the first female one shortly after nominations close at noon on Wednesday.

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In the week ending Oct. 17, the figure dipped below 800,000 for the first time since late March, and has been largely declining in the following weeks, until the trend was reversed in the weeks ending Nov. 14 and Nov. 21 amid surging COVID-19 cases.

India is currently among SAIC's top seven overseas markets, along with Thailand, the United Kingdom, Indonesia, Chile, Australia and New Zealand and the Middle East.

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Industry insiders said Trip.com has removed another major hurdle for its development by obtaining a third-party payment license. The company's recovery in its prime business will thus be accelerated as the situation for China's tourism industry continues to improve.

Indonesian President Joko Widodo seeks to set the country on course to an advanced economy as he starts his second five-year term with a new Cabinet for development and enhancing international cooperation.