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He also pledged to provide better conditions for youths from Taiwan to carry out exchanges, study, work and start businesses on the mainland.

Hayao's move, industry experts said, showed its commitment to exploiting the huge potential in China's healthcare sector.

Hawkins, who has worked in the commodities market for more than two decades, said he sees the B&R Initiative as the next big driver for the industry.

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He Yu, an official with Beijing's Haidian district government who is now serving as vice-mayor of Shiyan city in Hubei, said Haidian district in Beijing has invested more than 1.1 billion yuan (7.1 million) to Shiyan in over 400 projects to help protect the water quality, improve people's livelihood and upgrade local industries.

He also refuted a recent report released by the Congressional-Executive Commission on China of the United States government, which claimed "detainees" at Xinjiang's "mass internment camps" include foreign permanent residents, including Americans and Australians.

Having majored in economics at school, Chiang earned his doctorate in agricultural economics at Tokyo University in 1971. He then worked in the island's economics and trade departments.

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He also said that during his meeting with Modi last year in Wuhan, China's central Hubei Province, they have led the China-India relationship onto a new stage, adding that China is willing to join India to make continuous efforts in promoting a closer development partnership between the two sides.

He Xiaofei, founder and CEO of Fabu－who was also former deputy president and a top self-driving expert of Chinese ride-hailing giant Didi Chuxing－left Didi and founded the company in 2017 and has raised an undisclosed sum from Sinovation Ventures, a Beijing-based leading early-stage venture capital firm.

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He added the goal will be realized by developing industries in the village, rather than by donation.

He also hoped the overseas Chinese could make further contribution to the innovative development of China.