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Lim Chea Vutha, chief executive officer of Fresh News in Cambodia, told CRI that Beijing, whose economy is developing fast, is devoted to green and sustainable development.

Li, who is also deputy director of the Guangdong Public Security Department, promised to introduce high-tech means to fight crime in the province, which has more than 150,000 police officers, about one-tenth of the national total.

Like Volvo and Mercedes-Benz, Scania has been selling imported trucks in China, which are priced higher than domestic rivals.

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Liaoning was the only local economy in China to contract last year. The province's leadership hopes to catch up with the pace of national growth this year.

Li said as many parts of the world are still confronting cumbersome issues of trade protectionism created by the United States, many multinationals are eager to seek new business opportunities spawned by the initiative and teaming up with Chinese companies to pursue their economic goals.

Li said by partnering with other SOEs such as Sinopec Group and China National Petroleum Corp, the company will also diversify its business lines from producing table and industrial salt to developing salt-cavern gas storage facilities to improving its earnings ability in the energy field.

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Li said China stands ready to work with Singapore to maintain close high-level exchanges, better integrate the Belt and Road Initiative with Singapore's development strategy and deepen bilateral cooperation on the New International Land-Sea Trade Corridor and in areas such as third-party markets, trade and investment, finance and smart city.

Li made the remarks when addressing the Lancang-Mekong Cooperation Leaders' Meeting in Phnom Penh on Wednesday afternoon. The meeting was joined by leaders of Cambodia, Laos, Thailand, Myanmar and Vietnam.

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Lily plant (left) and dried lily (right). [Photo/VCG]

Li said the launch of the crude oil futures contract will help fill in the gap and more accurately reflect the oil prices in Asia, giving companies in the real economy a bargaining tool while importing crude. She said if the trading in Shanghai goes well, China could help cut down the premium in Asian countries.