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It will also have a 30 percent increase in transport capacity compared with China's first medium-low-speed maglev rail line, operated in May 2016 between Changsha's south railway station and the airport in Changsha, the provincial capital of Central China's Hunan province. It takes 19 minutes and 30 seconds to complete the 18.55-km journey.

It was Kim's first public appearance since April 11, when he presided over a meeting to discuss the coronavirus.

It was during the later stages of the "cultural revolution" (1966-76) when Holden paid his first visit to the Chinese mainland.

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It will also step up an inquiry into wages at enterprises and improve norms for publishing the results of such inquiries.

It will also promote the establishment of a new development pattern that takes the domestic market as the mainstay while letting domestic and foreign markets boost each other, he added.

It will expand imports and lower import tariffs this year. The first China International Import Expo in November will bring more foreign goods to China.

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It was officially inaugurated as part of the China (Hebei) FTZ on Aug 31.

It was an intense and crazy year, marked by an unprecedented level of vitriol — much of it directed at tech juggernauts like Facebook, Amazon and Google. And, yet, despite that negative cloud hanging over the country, the tech economy surged, and the pace of innovation only seemed to accelerate as technologies such as artificial intelligence, cloud computing and advances in biotechnology rooted more deeply in society.

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It “further creates potential for us to develop effective solutions to the real world problems we face today”, he added.

It will continue to reform the country's loan prime rate mechanism, which aims to better reflect market changes, improve the monetary policy transmission mechanism and guide lending rates lower.