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Li said that even based on the UN's study, the country's youth population will decline. He said China is witnessing two trends: increasing aging population and fewer children.

Li noted that China and Thailand, as close friendly neighbors, have seen steady development in bilateral relations and fruitful outcomes in cooperation in various areas, which has brought about concrete benefits to the two peoples.

Likewise, the handling of dependents, radicalized women and traumatized minors pose challenges and potential serious threats, he said.

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Li's journey started in 1983 when he first started planting trees because he needed a steady income.

Li said the project will contribute to infrastructure development and enhance connectivity in Thailand as well as in the region. He hoped both sides could cooperate to complete the first phase and push forward the second phase of the project, and connect the cross-border railway with the China-Laos railway as soon as possible.

Li predicted the impact of the last round of tariffs on China's GDP growth this year will not exceed 0.2 percentage points. Earlier, the International Monetary Fund predicted a 0.5 to 1.5 percentage point decrease in China's GDP growth.

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Liberal Ontario MP Anthony Rota is dragged to the Speakers chair by Canada's Prime Minister Justin Trudeau, right, and Conservative Party leader and Leader of the Official Opposition Andrew Scheer after Rota was elected as Speaker of the House of Commons as parliament prepares to resume for the first time since the election in Ottawa, Ontario, Canada Dec 5, 2019. [Photo/Agencies]

Like other retailers, the company closed all its physical stores in late March due to the COVID-19 pandemic and moved retail team members to remote work.

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Li vowed, "Reform will be further deepened, opening-up will be further expanded."

Li noted that emerging industries and consumption-related sectors are contributing more to power use growth compared with traditional industries, which reflected the effects of China's structural reform.