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MUMBAI - Indian pharmaceutical company Cipla has launched remdesivir lyophilized powder for 100mg injection to treat severe COVID-19 patients in the domestic market, a company statement said, late Sunday.

Ma Gaodong, vice-president of Hangzhou Kaite Electrical Appliance, a producer of power strips, sockets and plugs, said the company has seen its corporate costs cut by 2 percent thanks to the government's measures.

Major political parties in Hong Kong, including the Democratic Alliance for the Betterment and Progress of Hong Kong, the Federation of Trade Unions and the Young DAB, on Tuesday threw their weight behind the new national security law for the special administrative region.

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Ma said, "The start of the travel in 2011 was a positive measure to expand exchanges across the Straits in the climate of the peaceful development of cross-Straits relations."

Major cloud operators including China Aerospace Science and Industry Corp and Sany Heavy Industry Co Ltd are building industrial internet platforms. The larger goal is to set up a network of combined, advanced machines with internet-connected sensors and big-data analytics. Such a network will help companies to bolster productivity, efficiency and reliability of industrial production.

Macroeconomic turbulence is seen dragging the Hong Kong stock market down to third place in global initial public offerings in the first half of 2019, lagging behind the New York Stock Exchange and the tech-heavy Nasdaq, with Shanghai expected to rank No 4, according to top accounting firms.

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Major progress was made in the process of a political solution to the Korean Peninsula issue last year with joint efforts of China, the DPRK and relevant parties, Xi said.

Ma Dongpo, director of the Yan'an Tourism Development Commission, said red tourism is the core of the city's tourism industry.

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Manufacturing and modern services firms from overseas will get incentives to invest in China's economic and technological development zones as part of the country's ongoing efforts to boost foreign investment, an official said on Wednesday.

Ma Si in Beijing contributed to this story