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Less than an hour's drive away, the Chinese automaker Geely has almost completed construction of a car plant, which will bring the Eastern European nation one step closer to its dream of a domestic auto industry.

Li Jinfa, deputy director of the China Geological Survey under the ministry, made the statement at a press conference on China's first success in mining combustible ice at sea.

Li Hui, deputy director of the Department of National Economy at the National Development and Reform Commission, said the country will closely monitor the economic situation, introduce relevant policies in a timely manner and promote the implementation of those policies to hedge against the novel coronavirus epidemic's impact.

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Leslie Maasdorp, vice-president of the New Development Bank, said compared with private investors, State-owned banks and multilateral banks have advantages to ensure financial sustainability of infrastructure projects.

Lenovo Group said its revenue and net profit in fiscal third quarter that ended on Dec 31 were .04 billion and 3 million, respectively, a 4.9 percent and 38.7 percent increase from a year earlier, above the market expected of .9 billion and 0.1 million.

Li Bin, 43, who invested 1.5 million yuan in Mobike, Ofo's chief rival, in 2015, saw his wealth rise by 235 percent in the past 12 months to 6.7 billion yuan.

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Li drives a third-hand red Porsche coupe bought in 2016 with 636,000 yuan (,030) and Tong drives a BMW525 Li bought in 2015 with 418,700 yuan.

Li Jinfa, deputy director of the China Geological Survey, said the South China Sea has an estimated 80 billion metric tons of oil equivalent of gas hydrate reserves. In all, there are 100 billion tons in the Qinghai-Tibet Plateau, and in the South China and East China seas.

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Li Bin, chairman of BeauCare Clinics, said online video consultations are an inevitable trend. However, for the domestic market, the phenomenon is in an embryonic stage. Whether the practice fully takes hold remains to be seen.

Li Dongsheng, TCL founder and chairman, said in an earlier interview that the company also plans to build a new air conditioner plant in Wuhan in a bid to boost the production capacity from 3 million units to 5 million units every year.