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Liu regained his inspiration when he dropped into a Sichuan restaurant one day and realized that he could apply his Western cooking skills to Chinese cuisine-and re-create the flavors of his childhood in the process.

Listed under API, the firm priced its offering at per American depository receipt, which was also ahead of its to proposed price range.

Liu Duo, president of the China Academy of Information and Communications Technology, said China could spend 750 billion yuan (6.2 billion) on new information infrastructure this year, with 380 billion yuan of that invested in network infrastructure, including 5G.

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Liu Erhai, founding partner of Joy Capital, a leading venture capital firm that has investments in firms like Luckin Coffee and electric car startup Nio, said companies must be able to factor in future challenges while raising funds. "Companies cannot be expected to raise funds as and when they lack money. They have to prepare and ensure that they have enough cash flows well in advance," said Liu.

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Liu Bingjiang, head of the Ministry of Ecology and Environment's air quality management department, said at a recent industry forum that 228 steel companies are currently undergoing ultralow carbon emission transformation, involving crude steel output of 610 million metric tons.

Linxens, which was founded in 1979, provides flexible connectors used in smart cards. Its clients are from sectors including telecom, hotel, finance, e-governance, and the internet of things, with a presence in France, Germany, Singapore, Thailand, China and other countries and regions.

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Lin cited the figures to state that punishment plays an increasingly obvious role in targeting criminal acts of IPR infringement and counterfeiting.

Liu said the company is very optimistic about nuclear development in China.