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The BRI is expected to help China gain a bigger foothold in the globalized world, improve global economic governance and promote common development and prosperity. The true spirit of BRI is regional integration with no hegemonic designs.

The BCG report said China's 700 million internet users are younger, more mobile, and more likely to live in rural areas than their US counterparts.

The Beijing-based company is a unit of China's Sohu.com Inc, an internet service company that includes search and gaming platforms. Sohu.com will remain Sogou's controlling shareholder after the IPO.

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The CBRC also stepped up crackdown on law-breaking and disorder in the market, punishing 1,486 banking institutions and 1,096 individuals in the January-October period, imposing around 600 million yuan of fines in total.

The Brunei's second minister said Brunei and China enjoy sound relations and Brunei hopes to enhance high-level exchange of visits, cement practical cooperation in various fields and maintain close communication on international and regional issues.

The BRICS summit also invited other developing countries including other emerging economies and African nations to participate in the "BRICS Plus" dialogue on Friday, further expanding BRICS' circle of friends and strengthening the partnerships between BRICS members and African countries, Wang added.

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The BRI, proposed by China in 2013, aims at building a trade and infrastructure network connecting Asia with Europe and Africa along the ancient trade routes of the Silk Road to seek common development and prosperity.

The Beijing municipal government has announced a series of measures including rental reduction or exemption and financial support for small and medium-sized firms to reduce the impact of the coronavirus epidemic. [Photo/Sipa]

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The CIA has concluded that the Saudi crown prince Mohammed bin Salman had ordered the killing, US media quoted insiders on Friday as saying.

The Beijing-based joint-stock conglomerate is aiming to work with a company in California in the US to use intensive heat techniques, known as thermal decomposition technology, to break down used tires.