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In the insurance sector, China plans to lift the overseas ownership cap to 51 percent for three years and remove the limit after five.

In the statement, the country also pledged continued efforts to maintain the flexibility of the yuan's exchange rate and stabilize market expectations to keep the RMB's exchange rate basically stable at a reasonable and balanced level.

In the press release, US Trade Representative Robert Lighthizer was quoted as saying "this trade agreement will provide lobstermen and women a more level playing field and stabilized access to China's rapidly growing market for imported seafood products."

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In the span of a few months, the Trump administration has collected more than .4 billion in additional revenue from steel and aluminum tariffs, according to a report by the Congressional Research Service, cnbc.com reported.

In the letter, Kim said the leaders of the two Koreas met three times this year and took substantive and bold measures that go beyond old confrontations.

In the past four years, more than 44,300 poor residents in Xinjiang have been hired and trained as forest rangers to patrol the region's diverse landscape of forests, wetlands, grasslands and deserts, according to the local government.

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In the same period, sedan sales posted a meager 0.8 percent growth rate, with 2.86 million units sold, but remains the largest segment by size.

In the last year, the Soft-Bank Vision Fund has invested more than billion in technology companies around the world, including pouring large amounts into startups, challenging the conventional venture capital-backed method of investment in technology companies.

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In the library of the Hou Kong Premier School Affiliated to Hou Kong Middle School in Macao, students clapped after hearing Xi's letter.

In the long term, big, small and medium companies in the United States will become entangled.