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The Shanghai-based company, named China-Russia Commercial Aircraft International Co Ltd (CRAIC), has officially registered and obtained a business license.

The Shanghai index has gained 1.8 percent over the past four trading days of the week and the Shenzhen index was up more than 2 percent during the same period.

The Trump administration has engaged in "maximum pressure" against the DPRK since assuming office in early 2017 to curb Pyongyang's nuclear and missile development program.

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The Sino-US trade tension has not only put pressure on domestic manufacturers, but also caused difficulties for other global companies trading with the US, he said.

The Shanghai-listed YTO Express delivered 4.46 billion packages last year, raking in 16.8 billion yuan in revenue in 2016, up 39.04 percent from the year before.

The Sri Lankan side is highly confident in the future operations of the Hambantota Port, so are the Chinese.

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The State Council assigned the tasks of cutting costs and raising efficiency to various central government departments, provincial-level governments and China Railway.

The State Council has adopted a host of measures to boost the training of medical workers, with steps to expand enrollment in postgraduate programs and boost the number of nurses at hospitals as the country moves to address weaknesses in the healthcare sector exposed by the COVID-19 pandemic.

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The State-owned Xinhua Bookstore has also accelerated expansion. Its subsidiary, Shangshufang, which was founded in 2015, has set up 198 stores in Henan province, while another subsidiary, Xiaojudeng, which focuses on picture books, now has 150 stores in Hebei province.

The Shanghai Forum 2018 conference opened Saturday with the theme of "Asian Responsibility in a World of Change".