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The Chinese government attaches great importance to friendly and cooperative relations with California, according to the bill. Last year alone, China invested .4 billion in the US, about .7 billion of which went into California.

The Chinese leadership has issued instructions for relevant departments and localities to help deal with the aftermath of the deadly Tuesday traffic accident in Weihai, Shandong province, the Foreign Ministry said on Wednesday.

The ChiNext Index, together with the benchmark Shanghai Composite Index and the Shenzhen Component Index, make up the three core indices that measure the performance of China's listed companies and reflect the latest trends in the economy.

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The China Banking and Insurance Regulatory Commission announced in late April that the country will allow foreign-funded banks to conduct business such as the underwriting of government bonds, and will lift foreign ownership limits on domestic banks and financial asset management firms.

The Caribbean country that established diplomatic relations with China in 2004 has achieved its progress in the development of its infrastructure, education and housing industries with the help from China in the past 15 years, he said.

The ChiNext, whose name came from "China Next", was launched on Oct 23, 2009 as part of the country's effort to facilitate the financing of high-tech and innovative enterprises. On Oct 30, 2009, the first batch of 28 listed firms, with a market capitalization of about 140 billion yuan (.8 billion), began trading.

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The Central Asian nation of Kyrgyzstan slid deeper into chaos as rival opposition factions made grabs for power on Wednesday, a day after they stormed government buildings, forcing the prime minister to quit and a parliamentary election to be annulled.

The China Hi-Tech Fair is becoming something of an arena for the world's leading institutions in the fields of science and technology to showcase their latest achievements in research and development.

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The China-proposed multitrillion-dollar Belt and Road Initiative has ignited the imagination of business leaders around the world and many are striving to find projects they can participate in.

The China Hydrogen Alliance said 67 percent of the more than 20 million tons of hydrogen that China produces every year is made from fossil fuels, with a further 30 percent produced as a by-product of industrial processes such as coking, steelmaking and chemical production. Only 3 percent is made from renewable resources.