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The China-Pakistan Economic Corridor is an important part of the Belt and Road Initiative, he said.

The Chinese government has repeatedly stated that "housing is for living in, not speculation" and vowed continued efforts to ensure the healthy development of the property market.

The Chinese company had informed authorities that it wants to invest billion to develop the SEZ, some 580 km south of capital Vientiane, the Deputy Governor of Champassak, Buasone Vongsongkhone told Lao state-run media Vientiane Times.

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The Chinese government has removed another 85 counties from its national poverty list, it was announced Wednesday.

The China Banking Association is encouraging overseas banks to set up branches and explore opportunities for business cooperation in the Guangdong-Hong Kong-Macao Greater Bay Area.

The China Securities Regulatory Commission last month issued trial rules on depositary receipt business in the Shanghai-London Stock Connect program after seeking public comment for more than a month.

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The China-EU CAI will further deepen business ties between the two sides, he said.

The China-Iraq ties are expected to see more progress in the near future after the recent visit of Iraq's Prime Minister Adel Abdul Mahdi to China and the signing of a number of agreements with Beijing.

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The China-Laos Railway is a strategic docking project between the China-proposed Belt and Road Initiative and Laos' strategy to convert from a landlocked country to a land-linked hub. The 414.332-km railway, with 198-km tunnels and 62-km bridges, will run from Boten border gate in northern Laos, bordering China, to Vientiane with an operating speed of 160 km per hour.

The China Earthquake Administration activated level-III emergency response procedures earlier Thursday. All departments concerned are on high alert, and will continue to monitor for aftershocks and evaluate damage.