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Russian President Vladimir Putin invites Chinese President Xi Jinping to a cruise tour on the Neva River in St. Petersburg, Russia, June 6, 2019. Xi met with Putin on Thursday here in the latter's hometown. Welcoming Xi to his hometown again, Putin introduced to the guest local customs as well as the buildings on both sides of the river. [Photo/Xinhua]

SHANGHAI -- Shanghai will build a mega bookstore with an area of around 18,000 square meters in one of the city's cultural hubs, according to local authorities.

SMEs have showed a recovery trend with major economic indicators shifting from negative to positive in the second quarter. SME revenue saw an increase of 8.6 percent year-on-year in April and 3 percent year-on-year in May, with total profits rising 14.9 percent and 14.1 percent, respectively, said the Ministry of Industry and Information Technology, the nation's top industry regulator.

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Russia, with its political stability and low risk to resources, should be taken as a key strategic region for Chinese companies, he said.

SEOUL -- The Democratic People's Republic of Korea (DPRK) Saturday showcased its military muscles by parading all of its most-advanced ballistic and tactic missiles, including a submarine-launched ballistic missile which could strike targets 1000 km away.

SEOUL -- Senior diplomats from the Republic of Korea (ROK) and the United States held talks in Seoul Monday to discuss the Korean Peninsula affairs, according to local media reports.

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Russian President Vladimir Putin attends a session of the Week of Russian Business, an event organised by the Russian Union of Industrialists and Entrepreneurs (RSPP), in Moscow, Russia, March 14, 2019. [Photo/Agencies]

SHANGHAI — The Shanghai Shipping Exchange (SSE) Tuesday officially launched the Belt and Road shipping indices to track freight trade data among countries involved after a two-year trial.

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SAIC Volkswagen's Xinjiang facility is likely to sell products to Central Asia next year.

SHANGHAI — China is leading its Asia-Pacific peers in digital payment, according to a report from US-based electronic payment platform PayPal.