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The comments came as China Unicom unveiled a white paper on 5G smart venue, as it works hard to increase its capabilities to offer more 5G-powered services.

The company also introduced the core technology for medium- and low-speed maglev traffic system from German company Max Bogl Group and put it into local production. Its production line is expected to be completed in June.

The company claimed it has 22 million registered users and provides different subscription plans. Currently, it provides nearly two million clothing items and covers a wide range of brands, including entry-level luxury dresses, high street brands and designer items.

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The company founded eight overseas cooperative manufacturing plants and in 11 countries and regions it built 16 central fitting warehouses with partners.

The company announced Tuesday that its 2018 revenue more than doubled, and businesses outside the US home market accounted for 43 percent of its total revenue in the fourth quarter of last year.

The commanders reached the agreement on Monday in their first meeting since a clash between Chinese and Indian troops at the border area in the Galwan Valley on June 15. This is also the second commander-level dialogue between the two nations since they have been locked in border tension since May. The first dialogue was held on June 6.

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The combined use of the 5G wireless network and geofence technology will also help to eliminate congestion. Geofence technology uses GPS and Wi-Fi nodes or Bluetooth beacons to create electronic boundaries that can be placed around buildings or protected areas and issue an alert whenever a person or vehicle enters or exits the bounded area.

The comments came after a high-level meeting on Thursday indicated that China would prefer to avoid risks from excessive stimulus measures and instead focus on tackling long-term structural issues.

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The company expects to expand its sales network to 400 dealers and localize nine models, focusing on SUVs and electric cars.

The company announced today that Turbo Fast, its animated children’s show produced in conjunction with Dreamworks, will be released in installments. Families will be able to watch the first five episodes of the series starting on December 24, with additional episodes released “throughout the year.”