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The South Africa project of BAIC Group is based on the Belt and Road Initiative, said Xu Heyi, chairman of BAIC Group.

The Shanghai government has worked to facilitate business operations for foreign companies, officials said. In March, it released a bilingual guide for overseas asset management institutions planning to invest in Shanghai. It helped lower their operational costs by removing the requirement in late 2018 for foreign asset management firms to set up a new entity for each new business.

The State ceremony for the National Memorial Day for Nanjing Massacre Victims is held at the memorial hall for the massacre victims in Nanjing, Jiangsu province, Dec 13, 2018. [Photo/Xinhua]

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The Swiss company has built a reputation for safety and good quality in the past three decades, and will continue to provide cutting-edge technologies and excellent services to China for the long run, said Group CEO Thomas Oetterli.

The TCP's financial chief Luiz Alberto Bressan, who just returned from four weeks of training in China, said he expects closer ties between Brazil and China.

The Trump administration had imposed tough penalties on Huawei's peer ZTE for violating US sanctions by selling goods to Iran and the Democratic People's Republic of Korea.

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The Supreme Court's rules say it will only hear a case prior to court of appeals "only upon a showing that the case is of such imperative public importance as to justify deviation from normal appellate practice and to require immediate determination in this court."

The Times reports Amazon employees are circulating an updated version of that 2017 memo, adding new fuel to the fire of rumors of a new Amazon store concept, separate from Whole Foods. A new store concept would be split into large areas dedicated to delivery and pickup and sections for fresh food, according to the Times.

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ion), saw its price close at 429.9 yuan per barrel, up 3.34 percent.

The Shanghai city administration has come out with a series of measures this month to facilitate privately owned enterprises.