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The expected valuation comes with the latest rail transport development plan for 2019-2021 announced by the government.

The existing permanent resident's permit, known as the Chinese green card, will be replaced by the Foreign Permanent Residence Identity Card.

The facilities will have a special focus on autonomous driving, digitalization and new energy vehicles, said the carmaker.

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The falling price index means enterprise profits are likely to continue to decline, the decreasing inventory index suggests companies are still reluctant to replenish their inventories as long-term business confidence is still low, the employment index lingers at a 10-year low, and the share of companies complaining of a shortage of funds was 1.5 percentage points higher than that of October, hitting 38.2 percent.

The extinguishing of the Olympic flame in Pyeongchang, the Republic of Korea, on Sunday marked the beginning of a new four-year cycle to the 2022 Beijing Winter Games after Beijing Mayor Chen Jining received the Olympic flag from his Pyeongchang counterpart Shim Jaeguk.

The fifth Exposition for Investment and Trade of Advanced Equipment Manufacturing on the West Bank of the Pearl River, also known as the fifth AEME, will take place from Friday to Sunday at the Tanzhou International Convention and Exhibition Center in Foshan, Guangdong province.

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The figure is expected to balloon to 188.5 billion yuan by 2020 with an annual growth of 30 percent, according to a report from Dog Network, China's online pet services provider.

The executives said the initiative has brought Chinese enterprises many development opportunities. Countries and regions involved in the initiative have a big demand for infrastructure construction, which represents a huge opportunity for engineering machinery companies, they said.

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The exhibition stand of Esaote at a Beijing expo, March 23, 2012. [Photo/VCG]

The existing Criminal Law says that people who damage the national flag and emblem will be sentenced to up to three years in prison, "so the sentence in the draft (for showing disrespect for the anthem) is reasonable and complies with the principle of the balance between crime and punishment," said Zhou Guangquan, a criminal law professor at Tsinghua University.