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The consensus that there will be "no trade war" — reached during the latest round of trade talks between the world's top two economies — means a lot, not only for the Sino-US economic relationship, but also for the global economy as a whole, according to officials and analysts from both countries.

The country achieved a sales volume of 490,000 vehicles in the first 10 months of this year, up 45.4 percent from the same period of last year. The industry forecasts China will have 80 million new energy vehicles running on its roads by 2030.

The country's GDP growth reached 0.7 percent year-on-year over the first three quarters of this year, turning positive from negative 1.6 percent in the first half, the NBS said.

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The conference, attended by Beijing's Party Chief Cai Qi and Mayor Chen Jining, pointed out that the city is facing grave risk of the importation of the disease as the pandemic quickly spreads in other countries.

The coronavirus pandemic had created considerable difficulties for the city's economy, said Jia Xingdong, chief of the Shenzhen industry and information bureau, adding that the city had demonstrated its adaptability as output of essential medical supplies dramatically increased in about one month.

The concert was a window on the future of Chinese music, with a program featuring world premiere compositions by the distinguished faculty at the Central Conservatory of Music (CCOM) in Beijing.

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The country will witness annual growth of 8.5 percent till 2040, when it will account for 18 percent of power generation nationwide, compared with the current 3 percent.

The country saw a surplus of 183.4 billion yuan in international goods and services trade in May, the State Administration of Foreign Exchange (SAFE) said in a statement.

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The construction of the free trade port will provide support to national strategic goals in terms of institutional innovation, growth impetus and greater opening-up. Hainan will enhance exchanges and cooperation with Southeast Asian countries, and promote joint development with the Guangdong-Hong Kong-Macao Greater Bay Area.

The country's ODI in the Jan-Aug period amounted to .1 billion, rising 7.8 percent year-on-year, Ministry of Commerce (MOC) data showed.