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However, the slowdown was offset by other freight transportation, and total freight volume rose 10.5 percent in the first nine months, slightly higher than 10.4 percent growth in the first eight months.

However, in some lower-tier-cities, such as Qingyuan in Guangdong province, and Nanchang in Jiangxi province, premium reached up to more than 100 percent, showing that demand was much greater than supply, and developers sought land parcels after purchase limits against speculative buying were tightened in major cities.

However, it's based on the vast consumption of energy. As air conditioning is already putting a strain on energy demand in many countries, electricity consumed by cooling in China represents more than 15 percent of the national total.

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Hu Xiaolian, chairwoman of the Export-Import Bank of China, said China should tackle the rising risks from big financial holding companies and their risky practices, such as excessive borrowing and high capital leverage.

Hua said the Chinese government has taken resolute measures to scientifically and effectively prevent and curb the novel coronavirus outbreak and has maintained close cooperation with the WHO and other international partners.

However, it is very difficult to create such a new global supply chain, because China's position in the existing global supply chain is fairly important. Besides, companies in other countries cannot completely replace their Chinese counterparts within a short period. Therefore, uncertainty in the global economy will likely rise sharply in the event of the current crisis reaching the fourth stage.

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Huang Guofang, deputy director of SPIC's international department, said to Xinhua the company has been working on overseas market development in several ways, including greenfield investment, equity mergers and acquisitions and contracting projects.

However, old and rickety jeepneys are being blamed for polluting the air and causing traffic jams.

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However, that also means missing time with his family. Wong barely spends any of the Christmas and Lunar New Year holidays with his wife and children. He still has their support, as his job has made his family proud.

However, the most recent rendition, was crafted targeting the Chinese market, which has evolved to become the world's second-biggest movie market in recent years. The film places much greater emphasis on traditional Chinese values, such as duty to family, some critics said.