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Meanwhile, policymakers at the meeting ordered further deepening of capital market reform through a market-oriented approach and boosting its role of serving the economy by leveraging the newly launched high-tech and innovation board, known as the STAR Market, at the Shanghai Stock Exchange.

Meanwhile, outstanding normal loans of the commercial banks stood at 127.2 trillion yuan during the same period.

McIlvenny believes that the ongoing fourth industrial revolution would need the chemical industry to be more adaptive and innovative.

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Meanwhile, in February last year, Ai Geqing, a senior official at the public security bureau in Baoshan, Yunnan province, broke Party rules by accepting gifts and cash worth 29,530 yuan from 56 people. She received the same punishment as Kong.

Meanwhile, regionalization is most apparent in global innovation value chains, given the need to closely integrate many suppliers for just-in-time sequencing, stay close to customers and speed product launches.

Meanwhile, it has been widely acknowledged that global tech giants at the front end of AI exploration have ramped up research and development in AI applications designed to make human life smarter in a variety of fields including health care, autonomous driving and smart robotics.

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May said UK business leaders who accompanied her are "completely committed to forging lasting relationships with businesses, investors and customers in your country".

Meanwhile, the State-owned company said it will invest 20 billion yuan (.8 billion) next year to build a robust ecosystem for the use of 5G in more sectors. It is part of China Mobile's broader promise to invest 100 billion yuan into key areas of 5G cooperation over the next five years.

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Meanwhile, the "fourth industrial revolution," as the WEF founder put it, will concentrate success in a new generation of winners, but it will also endanger the ability of many lower skilled workers to earn a living. "Unless this inequality is addressed before they take hold, the fractures could become more dangerous still," Schwab said.

Meanwhile, Jim Yong Kim, president of the World Bank, also praised the initiative on Thursday during a news conference of the 2017 IMF/World Bank annual spring meeting in Washington, DC.