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Wang has bought 2.02 million Class A ordinary shares in the company, increasing his stake to 5.3 percent, according to a filing with the US Securities and Exchange Commission on Dec 4. His initial stake was 4.9 percent when the Beijing-based company launched an IPO in the United States.

Wang said China will make every possible effort to host the Boao Forum for Asia, the Shanghai Cooperation Organization summit, the Forum for China-Africa Cooperation and the China International Import Expo next year to "open a new chapter" for win-win cooperation between China and other countries.

Wang attributed the pick-up in May to multiple factors including exchange rates and changes in asset prices.

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Wang Xiaochuan said the company achieved healthy top- and bottom-line growth despite headwinds in the macro environment and the online advertising industry, adding language-centric AI technologies play an essential role across the firm's core businesses.

Wang Zhile, a senior researcher at the Chinese Academy of International Trade and Economic Cooperation in Beijing, said, "In the long term, China and the ASEAN economies will count on enhanced regional cooperation, especially in rail transportation, to stimulate people-to-people exchanges, trade and attract investment while improving regional economic integration."

Wang Tingting, an associate professor of finance at the Central University of Finance and Economics, said the gains and declines of the new shares are an indication that the institutional breakthroughs of the NEEQ Select are helping share prices reach their intrinsic values.

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Wang said that international society is in accordance with the one-China policy in various international activities, including the Olympic Games.

Wang expects inflation to remain moderate in the next few months, leaving room for monetary authorities to adopt countercyclical policies.

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Wang Lili (not her real name), a 21-year-old senior student at a university in Shenyang, Liaoning -province, committed suicide on May 19, 2018, after being forced by Wu's company to repay debts she couldn't afford. The company also threatened to harm her family.

Wang made the remarks during a virtual meeting on Monday chaired by Josep Borrell, the European Union high representative for foreign affairs and security policy. It was attended by foreign ministers of parties to the agreement, the first event at that ministerial level in over a year.