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In the neighboring province of Zhejiang, more than 19,820 residents in seven cities were relocated. More than 24,000 ships, including 20,417 fishing boats, have returned to port.

In the new era, Hainan will further reform and opening-up as a special economic zone and international tourism site.

In the long-term, Pathak said China's economic growth pace was still attractive for global investment as the country deployed more resources to build emerging and sustainable industries, create new jobs and tackle climate change.

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In the near future, foreign institutions will focus their businesses on adjusting to China's future development and giving full play to their own advantages.

In the spring of 2013, Ding Jian came to Ningxia and chose a plot of deserted land on the alluvial plain. With an altitude of 1,180 meters, it was an ideal spot for grape cultivation and eventually became the vineyard and winery.

In the past two years, Hainan has been committed to taking opening-up as a top priority. The resort island offers greater visa-free access and duty-free shopping for tourists and built an air transport network called four-hour and eight-hour flight economic circle as well as implemented a free trade account system.

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In the meantime, 18 major music streaming sites have reportedly begun self-censorship operations. Content suspected of being in violation of laws and regulations has been taken down, including 4,664 songs, more than 100,000 videos, 891 playlists, 4,300 user comments and over 4,500 user profiles.

In the past five years, Gansu has invested a total of 10.55 billion yuan (around .62 billion) to provide clean and safe drinking water for residents, especially those in rural areas, said Wang Jianghai, an official with the provincial water resources department.

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In the second quarter alone, demand was down 4 percent year-on-year to 964.3 tons. Purchases for investment purpose fell 9 percent, the WGC said.

In the meantime, China's opening of its services sector has notably surged, and entry barriers for foreign investment have been significantly lowered or removed. The country has also sponsored international events such as the China International Import Expo to enrich global trade and investment activities.