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Stated differently, wherever quality US-listed Chinese firms relocate to, their robust growth prospects will continue to attract global investment, which in turn will fuel their future prospects.

State Power Investment has been increasing investment in Guizhou in recent years. To date, the company's total assets reached 126.6 billion yuan in the province, and the number of employees reached 9,420.

State Councilor and Foreign Minister Wang Yi made the remarks when meeting with Thai Foreign Minister Don Pramudwinai in Vientiane, Laos.

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Starbucks hit another all-time high on Friday, closing at .91, up more than 35 percent from a year ago.

Stephen A. Orlins, president of the National Committee on US-China Relations, said, "Bilateral investment is a cultural as well as economic bridge between countries because it makes commerce a platform for the exchange of ideas."

Statistics from the State administration also showed that China has attracted expats from European and Asian countries because of its rapid economic growth and a widening range of opportunities.

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Starting from May 1, the tax rate will be lowered from 17 percent to 16 percent for manufacturing and some other industries, and from 11 percent to 10 percent for transportation, construction, basic telecommunication services, and farm produce.

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Statistics show that from January to September in 2018, Huzhou attracted 97 new foreign-invested companies with a total investment of .58 billion.

Stated differently, Chinese smartphone manufacturers are years away from self-reliance in, and mastery of, chip-making,which is currently the preserve of global majors such as US multinational Qualcomm, and South Korea's Samsung and SK Hynix.