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Xu said that sister-cities cooperation enjoys huge opportunities ahead, as China is a large market with more than 1.3 billion people, including a middle-income group of 400 million.

Yang said more people have received higher education in recent decades and so the country's labor quality has obviously improved. As a result, more people are qualified for jobs in tertiary industries.

Yang began serving as the Party chief and chief procurator of Jilin Provincial People's Procuratorate in 2012.

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Yang said continuing violent crimes in Hong Kong had trampled on the rule of law and social order and severely damaged the special administrative region's prosperity and stability. Those crimes challenged the base line of the "one country, two systems" principle, he said.

Xuan Changneng, deputy head of the State Administration of Foreign Exchange, said on Sunday that the liquidity crunch of US-dollar denominated assets in the global market has led to the soaring US index, which is a technical rise rather than an economic fundamentals-driven surge.

YINCHUAN - Northwest China's Ningxia Hui autonomous region's foreign trade with countries along the Belt and Road (B&R) grew 3.1 percent year-on-year to 5.52 billion yuan (1.1 million) in the January-September period.

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Yang Yuanhui, East China regional manager of Beijing Goldenway Bio-tech Co, which converts kitchen waste to fertilizer, said Shanghai's new regulation will help companies like his cut costs and boost production.

Yan spoke as some early indicators for the first quarter show the economy is on the path of recovery.

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Yang Delong, chief economist at the Shenzhen-based First Seafront Fund, said the rebound was mainly led by consumer companies, a possible sign the gyrations seen over the last 10 days may be coming to an end. The negative impact from other markets appears to have waned, and the upward trend in the A-share market has not changed.

Ye said the idea of setting up such zones among those countries is "preliminary". There is no specific timetable yet. "Member countries can start by lowering trade barriers under the WTO framework, gathering some experience for establishing free trade zones."