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Primary industry posted the fastest FAI growth, up 16.5 percent year-on-year, followed by the service industry with an increase of 11.3 percent and 4 percent in the secondary industry.

Property company inks capital infusion agreements with 6 strategic investors

President Xi's insights and emphasis on the importance of continued globalization, growth and equity also impressed Hans-Paul Buerkner, Chairman of Boston Consulting Group (BCG).

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Production volumes of polycrystalline silicon, a key ingredient of PV products and other associated products like silicon wafers, modules and cells, registered an impressive uptick, according to data from the China Photovoltaic Industry Association.

Profits of the software and IT sector expanded 9.9 percent from the previous year to 936.2 billion yuan.

Private developer Texas Central Partners has proposed a rail line between Dallas and Houston, and according to the company's plan, trains could start running in 2024.

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Professor Jon Frampton, Director of the University of Birmingham's China Institute said: "The University of Birmingham has a long history of educating students from China and one of our most famous graduates is Li Siguang -- the founding father of Chinese geology."

President Xi Jinping's recent speech on the private economy has boosted confidence in the private sector of Heilongjiang, an old industrial base in Northeast China.

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President Xi Jinping will make a state visit to Finland next week. Lu said China hopes to see further development in cooperation in Arctic affairs under Finland's chairmanship of the Arctic Council.

Prime Minister Mahathir Mohamad was present at the ceremony along with his cabinet ministers to accept the installment of the new king.