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It is followed by three Chinese companies: State Grid, Sinopec Group and China National Petroleum.

It is also now stipulated that a dealer authorized by one brand is allowed to sell other marques as well if it so wishes.

It is believed that the launch of 5G network in Spain will promote the transnational operator Vodafone to launch more 5G services in other countries. The company will commercialize 5G services to users in seven cities in Britain from July 3 this year, and the 5G roaming coverage in Britain, Italy, and Germany will be available this summer.

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It is necessary to implement a mechanism that ensures fiscal funds will directly benefit businesses and people, and guarantees the effectiveness of tax and fee cuts to provide support for ensuring employment, meeting people's basic living needs and protecting market entities, Li said.

It is estimated that the three major telecommunications suppliers in China will invest over 210 billion yuan in developing 5G-related networks this year, and the technology will be further applied to industries such as cloud computing, big data and artificial intelligence.

It is the 14th consecutive year that Hurun has released this list. About 58 percent of the surveyed high-net-worth individuals this year, who have not immigrated yet, expressed no such plans, a historic low since 2011. In addition, overseas investment dropped out from the top five personal investment channels. As explained by Hoogewerf, it reflects the rich individuals diverse interests in the domestic market.

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It is important to separate the sequence of events because in real life people undertake actions step by step, she said.

It is also willing to work with China to address global challenges like climate change and in maintaining rule-based multilateralism and a free-trade system, Rutte added.

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It is working with a number of leading companies including Alibaba, Nvidia and Huawei in terms of research and development.

It is also advisable to use digitization and intelligence technologies to promote high-quality development of mines, Li said.