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The shopping festival has also helped export companies get through difficulties incurred by the COVID-19 epidemic. Online retailers such as Xiaohongshu and iBailian reduced commissions and provided rapid settlement for export companies operating on their platforms. Therefore, nearly 1,000 export companies reaped nearly 5 billion yuan of turnover by shifting their focus to the domestic market in the past two months.

The six hybrid funds will invest mainly in the Chinese Depository Receipts or CDRs of unicorns listed in overseas markets.

The section between Liying and the new airport will be put into use in September 2019 when the new airport is expected to open to traffic, with a design speed of 250 km/h.

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The securities regulatory body of the countries of qualified foreigners should have already established a regulatory cooperation mechanism with the CSRC, the statement said.

The six-seat vehicle capable of Level 3 autonomous driving, features vehicle-to-everything communication and can run for 600 kilometers on one charge, the company said.

The screenshot of a video shows a person injured in a blast at a fireworks factory in Liuyang, Hunan province, earlier this month. [Photo/CCTV]

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The signing ceremony took place during the visit of the delegation of Vnesheconombank to Shenzhen. The MoU was signed by Li Yinquan, chairman of China Merchants Capital, and Sergei Gorkov, his Russian counterpart from Vnesheconombank.

The shoemaker Skechers US, for instance, saw overall quarterly sales drop 42 percent year-on-year but got some relief from 11.5 percent growth in China.

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The session is committed to being open and transparent to provide services to Chinese and foreign journalists for news reporting, he said.

The second wave, which ran roughly from 1975 to 2010, saw the industrialization of developed countries, but most of their exports flowed to developed countries.