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The CUBIC will occupy a space of 150,000 square feet in the midst of Texas Medical Center and provide space for US companies seeking opportunities in China as well as for Chinese companies looking for markets, R&D cooperation or technology in the US.

The Chinese experts proposed a series of recommendations, underlining the need for isolation as the foremost precaution against the spread of COVID-19.

The Changzhou Intermediate People's Court in Jiangsu province made the ruling on Tuesday. The court said Xiang abused his power while serving in several positions from 2005 to 2017, including vice-governor of the People's Bank of China, Party secretary and head of the Agricultural Bank of China, as well as Party secretary and chairman of the China Insurance Regulatory Commission.

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The Chinese financial authorities recently allowed commercial banks to use "perpetual bonds"－a debt financing tool with no maturity date which pays a steady stream of interest, to supplement capital.

The China-Africa Institute was launched in Beijing, and China and the African Union signed documents on the construction of the Africa Center for Disease Control and Prevention.

The Chinese government announced Wednesday that it had built an alert system to monitor regional environmental and resource capacity conditions, and punish those responsible for environmental damage.

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The Chinese embassy in Japan issued a notice reminding its citizens residing in Japan to be more security conscious.

The Chinese delegation at the event, led by Wang Bingnan, Vice-Minister of Commerce, expressed a warm welcome to around 100 representatives from Swedish corporations, inviting them to CIIE, scheduled for November in Shanghai.

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The China-owned London Electric Vehicle Company, also known as LEVC, is backing a scheme in the British city of Coventry that encourages taxi drivers to ditch traditional combustion engines for low emission vehicles.

The ChiNext Index, China's NASDAQ-style board of growth enterprises, gained 0.81 percent to close at 2,750.42 points Tuesday.