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The China-South Africa comprehensive strategic partnership should be deepened with the participation of scholars, experts, entrepreneurs and scientists on both sides, Xi added.

The China-Singapore FTA, which took effect in 2009, was designed to accelerate the liberalization of trade in goods on the basis of the Agreement on Trade in Goods of the China-ASEAN (the Association of Southeast Asian Nations) FTA more than a decade ago.

The Chinese Ministry of Foreign Affairs team won the third place after defeating other teams represented by joint US and Canada team, France, Venezuela, Italy, and Republic of Korea.

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The China-Pakistan Economic Corridor projects have achieved major progress despite grave economic and health challenges posed by the COVID-19 pandemic, said Asim Saleem Bajwa, chairman of the CPEC Authority.

The Chinese economy expanded 6.4 percent year-on-year in the first quarter of this year, reaching 21.343 trillion yuan (.18 trillion), according to the National Bureau of Statistics (NBS).

The Chinese government will step up reforms and roll out a series of new incentives to remove hurdles to private investment and private business activity in hopes of boosting economic growth, the State Council's executive meeting chaired by Premier Li Keqiang decided on Thursday.

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The Chinese director says his inspiration have come from the hope that more children could spend less time on computers, more time on communication with family and friends.

The China-Sudan cooperation now shines as a model for developing Sino-African relations, showcasing China's contribution to Africa's development.

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The China-Laos railway project first kicked off in December 2016. The 40 billion yuan ( billion) project will take an estimated five years to complete. Chinese investors put up 70 percent of the funds for the project, with the rest coming from investors in Laos.

The Chicago Board Options Exchange's Volatility Index, a gauge of expected volatility based on S&P 500 options and often called the "fear index", rose to its highest level in about three weeks.