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Giscard d'Estaing said his company's surging presence in China is the result of the evolution of the local market. The rise of the millennials, China's second-child policy, and the developing tastes of consumers had resulted in their pursuit of special travel experiences, he added.

Glen Travis Campbell was born on April 22, 1936, in a small town in the southern state of Arkansas, the seventh of 12 children of a struggling sharecropper.

Global telecom carriers will invest 3.3 trillion yuan in mobile infrastructure by 2020, said John Hoffman, CEO and director of GSMA, adding that up to 500 billion yuan will come from China.

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German carmaker Mercedes-Benz announced on Thursday that the Mercedes-Benz EQC, its first fully electric sports utility vehicle model, opens to booking. The EQC is scheduled to be delivered to Chinese customers in November as German auto giant dashes forward into electrification.

Geng said the fintech company is still in talks with more banks to expand its business to benefit more such micro and small businesses.

Gillibrand and other lawmakers credited Stewart for raising the profile of the issue, which has lingered on Capitol Hill for years.

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Given the dramatic rise, it is hardly surprising that the issue has attracted the attention of the central leadership. In an instruction published earlier this month, President Xi Jinping called for the ramping up of efforts to encourage people to understand the importance and necessity of waste sorting.

Geng made the remark after the IMF projected China's growth for 2020 at 6 percent in its World Economic Outlook report issued on Tuesday. In a report issued in October, the IMF predicted that China's growth for 2020 would be 5.8 percent.

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George Ren, a senior partner and vice-president of global consultancy Roland Berger China, said thanks to e-commerce and mobile phone penetration, those customers stand out in today's e-commerce landscape.

Germany would like to deepen its economic and trade relations with China in the digital age, and is willing to actively participate in the second Belt and Road Forum for International Cooperation, Merkel said.