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In early June, China granted 5G licenses for commercial use, marking the beginning of a new era in the country's telecommunications industry.

In breakdown, profits of communications equipment manufacturers climbed 10.2 percent and that of computer manufacturers went up 7.7 percent year-on-year in the first eight months of this year, the ministry said.

In an editorial this week, the New York Times scolded Amazon for its position in California, saying it amounted to “an abdication of corporate responsibility.”

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In case of forest fires, perpetrators will be investigated and punished, as will the townships, neighborhood committee offices, communities and villages if it is determined that their lax supervision helped lead to the fires.

In early trading Thursday, the Dow Jones Industrial Average fell 711.56 points, or 2.60 percent, to 26,278.43. The S&P 500 fell 2.29 percent. The Nasdaq Composite was down 1.97 percent.

In both cases, Japan has agreed to receive 120 million doses of the vaccine from each company provided they are successfully developed.

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In an article published on the Euractiv website on Thursday, Zhang recalled his first Chinese Spring Festival celebration in Brussels last month.

In doing so, China became the world's top gold producer for the 11th consecutive year since it surpassed South Africa in 2007. Its gold consumption reached 1,089.07 tons in 2017, up 9.41 percent year-on-year, with demand for gold jewelry, gold bars and industrial-use gold surging.

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In equal measure, he said the UK can also learn from China - that the country managed to avoid restricting growth because the pace of job creation outstrips the talent pipeline.

In an effort to implement blueprints set out by the Central Economic Work Conference and the Government Work Report, the annual taxable income threshold of small and micro businesses eligible for halved income tax will be raised from 500,000 to 1 million yuan. The per unit value of newly purchased R & D instruments and equipment eligible for one-time tax deductions will be raised from 1 million yuan to 5 million yuan. The two measures will be in place from Jan 1, 2018, to Dec 31, 2020.