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Galal said Chinese people accepted the concept of common development and prosperity, devoted themselves to working together to solve problems and complement each other, such as the example of Zheng He in the Ming Dynasty (1368-1644) sailing to other parts of Asia and East Africa to establish friendly relationships.

Fu said the government took "decisive actions" to rein in the property market so as to pursue high-quality development.

Further cooperation measures are expected by the two sides to facilitate the access of investors from both countries to each other's bond market, said the statement issued after the 8th China-Russia Financial Dialogue held in Moscow on Thursday.

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Further negotiations are expected to take place on Friday, the person cited by the Journal added.

Full text of President Xi's speech

GAC Motor also signed strategic agreements with 10 international auto parts suppliers on Wednesday in Shanghai.

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GUIYANG - China aims to strengthen healthcare education in poverty-stricken regions by introducing innovative forms of healthcare knowledge popularization.

Further investigation into the four cases is underway.

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Fu Yazhang, investment manager of Meridian Capital China, an investment firm, said many companies involved in the sector reaped good profits in recent years.

Fu also reminded the audience what Chinese President Xi Jinping said recently at the Boao Forum for Asia. "He made it clear to the world that China's door of opening-up will not be closed and will only open even wider," she said.