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The CEO said the company's earnings upgrade earlier this week is further proof of its improved geographical footprint, "as solid earnings performance in China and Western Europe more than offset the challenges in Russia."

The BRI, launched five years ago, now involves more than 100 countries and international organizations in building connectivity among countries, many of which are emerging and developing nations.

The CPC, as the biggest political party in the world, will also explore the law of social development for humanity and share it with other countries, according to Xi.

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The Beijing-Kunming Highway, national road 111, Beijing-Taipei expressway and other projects have been put into use, accelerating the connectivity of the regional road network, Zhou said.

The Beijing-based Alliance of Industrial Internet said it now has more than 1,000 enterprises as members and it also has established deep partnerships with industrial organizations from the United States, Japan and European countries.

The CR929, which aims to break the duopoly of US manufacturer Boeing and European maker Airbus in the widebody passenger aircraft sector, will mainly target markets in China, Russia and other Asia-Pacific countries after it is put into commercial use. Its competing models include the Airbus' A330 and Boeing's B787.

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The CSRC is also speeding up preparations to launch crude oil futures, as well as possible futures markets for cotton yarn, pulp, hogs, red dates and apples, Fang said. Furthermore, the plan to introduce foreign investors to financial futures is underway, Fang added.

The Belt and Road Initiative has already produced several tangible results, which will continue to boost revenue growth of both Chinese and foreign companies, while improving their ability to execute big-ticket projects, an executive of CITS American Express Global Business Travel said.

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The Belt and Road Initiative, proposed by Xi in 2013, comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road, which aims to build trade and infrastructure networks connecting Asia with Europe and Africa on and beyond the ancient Silk Road routes.

The Azerbaijani Culture Center has opened at Anhui University in the Chinese city of Hefei with the support of Baku State University (BSU).