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Unlike the French Alps or Aspen in Colorado, United States, the area in northwestern China is hardly known, even among avid skiers.

Unlike mature markets where institutional investors dominate, the domestic A-share market has broad participation of individual investors. It's said that China has more than 160 million retail investors. And their number is growing.

Under the partnership, Tencent will work with the Beijing Film Academy, one of China's most prestigious colleges for film and television production, to establish a training camp to cultivate professionals and leaders with global perspectives in the cultural and creative industry.

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Unlike the jury system in the United States, where jurors are randomly selected, jurors in China are chosen from candidates recommended by local communities or authorities.

Under the program, individuals and enterprises can fill out a written form and declare they qualify for certain approvals, instead of having to wait for authorities to issue certificates to prove the authenticity of their claims.

Under the new tie-up, Alibaba promised to deliver alcohols purchased through its online sites in as fast as 19 minutes. This is thanks to 1919 Wines & Spirits's widespread presence with 1,200 offline stores.

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Uniban, Colombia's largest banana and plantain exporter, will be among the companies spearheading the new banana deal with China. The company accounts for about 4 percent of global banana exports and its crops are located in the Uraba region, hundreds of kilometers from La Guajira.

Under the current complex and changing international situation, China is ready to further strengthen comprehensive strategic coordination with Russia and innovate ideas to tap bigger collaboration potential and inject fresh impetus to bilateral cooperation, Li said.

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Unilateral trade actions taken by the Trump administration have triggered widespread concerns about a trade war, especially between the US and China, the world’s two largest economies.

Under the plan, authorities will try to adopt the revised Securities Law by the end of this year and discuss establishing a system for securities class action lawsuits with Chinese characteristics, substantially elevating the cost listed firms would face for engaging in fraudulent floats and disclosures.