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The revenue of Beijing's winter sports industries is expected to grow to 40 billion yuan (about 5.8 billion U.S. dollars) in 2022.

The satellite is the first to be jointly developed by China and France.It will monitor ocean-surface wind and waves and the monitoring data will be shared by scientists from both countries.

The revised rules will require insurers to submit a certain proportion of capital to the fund based on the evaluation of their risk management capability, meaning that some insurers will likely face higher capital requirement if they have poorer risk management performance, business newspaper Shanghai Securities News reported on Tuesday.

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The sales revenue of the company in 2015 totaled 88 million yuan, up 51 percent from the previous year, he said.

The retail and cloud computing giant eventually plans to have 25,000 people at its second North American headquarters in Northern Virginia, also known as HQ2. It began hiring for HQ2 last year.

The robo-taxis developed with Baidu will come out in three years, said Volvo President and CEO Hakan Samuelsson. They are expected to run first on streets in smaller cities before they will be found in larger ones, like Beijing or Shanghai.

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The respondents also reported an improving regulatory environment and significant signs of progress in the country's operational environment for foreign companies.

The rise of Chinese companies is well-described as "meteoric", especially in the past two decades. We believe that this is an excellent development and we are excited to see the innovations and new offerings that Chinese companies are bringing to the market as this means a bigger range of better choices and solutions for the Chinese people and, increasingly, for the world.

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The room Nixon stayed in was the presidential suite on the 16th floor of the hotel's main building, then considered the best hotel room in the city. The suite has since undergone multiple renovations and is today regularly occupied by local celebrities and high-profile personalities.

The rural strategy, put forward during the 19th National Congress of the Communist Party of China in October, urged development of agriculture and a pleasant living environment in rural areas as priorities.