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The project will be an open and comprehensive testing center for new energy, intelligent-connected and unmanned driving vehicles, Zeng Qinghong, chairman of GAC Group, said.

The profit of the top companies accounted for nearly 90 percent of all profit generated by all companies listed in Shanghai and Shenzhen, and their revenue totaling 29.3 trillion yuan, taking up 35.42 percent of China's total GDP of 82.7 trillion yuan.

The projectiles traveled some 70 km to 200 km into the eastern waters. Further details were being analyzed by the military authorities of the ROK and the United States.

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The products mailed from the Philippines were disguised as fruit essences in an attempt to avoid detection, according to the customs.

The projects cover new infrastructure construction, next generation information technology, high-tech services, new materials, new energy and high-end equipment manufacturing.

The property promotion is also a response toward a tightening of credit lines.

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The program has boosted power services for some 17.77 million residents in 198 poor counties in the five provincial-level regions of Sichuan, Gansu, Qinghai, Xinjiang and Tibet, the company said.

The president has attached great importance to the opening-up of Inner Mongolia, saying the autonomous region is a door for the country's northward opening-up, given its geographic advantage of bordering Mongolia and Russia. The autonomous region has 18 ports and 4,200 kilometers of border linking with Russia and Mongolia.

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The premier, while visiting an old neighborhood in Xi'an, highlighted the need to enable the participation of private investors during the renovation of such communities.

The project, which officially broke ground on Tuesday, involves a total investment of 3.68 billion yuan (5 million). The 99.6-acre campus is in the Shuangqiao section of Hangzhou's Xihu district Construction is expected to be finished by 2021, and 1 billion yuan in investment is planned for this year.