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With five research and development centers in China, Osram plans to further increase its R&D footprint in the country and ensure that China plays an important role in the company's global R&D network, he said.

With its technical strengths, innovative design capabilities, profound understanding of different cultures and rich marketing experience, Perfect World Games has launched some clientbased online PC games such as Perfect World, Legend of Martial Arts, Swordsman Online, and a number of mobile games such as Legend of the Dragonslayer Sword, Return of the Condor Heroes and Dream Book.

With the development of big data and cloud technologies, many Chinese experts have urged the steel industry to upgrade and adapt these technologies. However there is still a gap in the development of intelligent production processes compared with that in developed countries.

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With regard to the possibility of increasing imported labor, the chief secretary said that, on the premise that local workers' priority for employment will be safeguarded, the government will also explore with stakeholders the possibility of increasing imported labor on an appropriate and limited scale.

With the installation of the dome on the containment building, all major civil engineering works have been completed at Unit 5 of the Hongyanhe nuclear power plant developed by China's State Power Investment Corp, located Northeast China's Liaoning province. [Photo/People's Daily Online]

With the country set to lift all rural people out of absolute poverty by the end of this year, the latest measures show the government is shifting the emphasis to establishing a long-term mechanism to reduce relative poverty, he said.

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With the help of financial technologies and wide cross-sector collaboration, commercial banks will build an open banking ecosystem spanning government affairs, people's livelihoods, education, healthcare and cross-border services. Financial services firms will offer clients comprehensive as well as customized solutions.

With over 25 years' experience in the fields of accounting, regulation and asset management, Lee is currently also a director of Benington Capital Limited, an asset management company focusing on equity fund management for professional investors.

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With more than a dozen companies working on air taxis, determining which operators emerge as market leaders will largely come down to design, efficiency and range, according to Stephenson, who believes Lilium is ahead of the pack on all three counts.

With the International Monetary Fund predicting on Tuesday the worst global downturn since the 1930s, China has deployed an additional policy response to address the slowdown caused by the novel coronavirus pandemic and facilitate economic recovery through incentivizing bank lending and stabilizing corporate hiring.