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The company said the joint venture is ideally positioned to compete with MediaTek Inc and Spreadtrum Communications Inc to supply chips to the lower end of the smartphone market and will not take sales or market share away from Qualcomm's existing high-end chip business.

The company said the outbreak will have a limited impact on its operations and production. It is now effecting gradual resumption of work at its plants nationwide.

The company will sell herbal tea in cans specially tailored for the program, among other measures, such as appointing young celebrities Zhou Dongyu and Liu Haoran as its image ambassadors, to increase the brand's appeal to young consumers.

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The company said the drug uses an advanced controlled-release mechanism to release the metformin over a controlled period to ensure stable drug effect, so that patients only need to take one dose a day, which can help avoid gastrointestinal adverse reactions and missed medication doses.

The company's interest in the Chinese market comes at a time when China is enhancing efforts to clean up the choking air, replacing fossil fuels with renewable energy.

The company sold 1.5 million vehicles last year, ranking fourth among passenger carmakers in China.

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The competition is on. Could anyone in Seattle step up to meet that challenge?

The company will set up a joint venture with FAW and build a manufacturing base to produce and assemble Hongqi's S series sports cars, according to a memorandum inked on Thursday via video conferencing.

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The company rolled out a string of measures to help online merchants alleviate pressure caused by the tough situation resulting from the pandemic. It will empower 1 million merchants on the platforms to upgrade their digital solutions, with commission fees to remain 3 to 5 percent lower than the industry average.

The compound annual growth rate of banks' IT spending is estimated at 10.2 percent from 2015 to 2010, he said.