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The administration said that government summer cereal purchases will end soon, with about 50 million tons of wheat and 4.72 million tons of rice already purchased from major production areas by the end of August.

The WVR structure, enabling the company to benefit from the continuing vision and leadership of the WVR beneficiaries, could expand the variety of stocks in the Hong Kong market and provide better service to new economy enterprises, said Cheng Shi, chief economist of ICBC International.

The World Bank also predicted the global economy will expand by 2.7 percent in 2017.

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The administration has been intensifying its supervision of automobile quality. Last year, 13.5 million cars were recalled after investigations by the authority into defective products, accounting for nearly 70 percent of all recalls, Yan said.

The White House criticized the decision as "overreach''.

The Xinjiang Uygur autonomous region, a major tourist destination in China, will introduce 350 cultural and tourism events to further promote its tourism industry in the months ahead.

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The Zhejiang-province-based car-hailing service provider was launched in November 2015. Solely owned by Geely Holding, the company currently runs about 10,500 Geely Emgrand EV blade electric compact sedans. The company said it has attracted investor interest already and is evaluating its financing plan, although it is yet to reach a final deal.

The Vado Gateway terminal, scheduled to open in December, will be able to service the world's largest container ships which are so huge that they can only dock at select ports across the globe.

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The Wednesday strikes by Iran caused no casualties to US troops and damage was minimal, Trump said, contradicting an Iranian state television presenter who previously claimed that "at least 80 terrorist US soldiers" were killed and helicopters, drones and other equipment were damaged.

The World Health Organization last month called on producers and distributors of much-needed anti-epidemic products to help meet global demand.