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The Chinese government encourages its businesses to make investment in Africa. We support the Chinese financial institutions to provide financial support to Africa for infrastructure development, industrial parks, special economic zones, and production projects in accordance with the market principle and concept of intensive development. The concept of intensive development means to integrate infrastructure and industry planning and development in tandem.

The China Shanghai International Arts Festival (CSIAF) and the Edinburgh International Festival (EIF) have agreed to co-commission a dance production by Yang Liping. Yang's Rite of Spring will premiere at the 20th CSIAF in October. It will also be showcased at the EIF in 2019. Joanna Baker, managing director of EIF, said that the signing of the memorandum of understanding marked a new partnership between the two festivals.

The Chinese currency has risen by over 1.5 percent in value compared with the US dollar since the first trading day this year.

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The China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity aims to conduct pilot cooperation in various fields. It is the third such cooperation initiative between China and Singapore, following the Suzhou Industrial Park established in China's eastern province of Jiangsu in 1994, and the Tianjin Eco-city inaugurated in 2008 in north China.

The China Meteorological Administration said that Typhoon Mangkhut is on course to hit the western part of Guangdong province and northeast Hainan province. Mangkhut will move westward after landing and may weaken from a super typhoon to severe typhoon.

The China Securities Regulatory Commission has cracked down on 10 cases of illegal activity in private equities, including eight cases that will be subject to administrative penalties, the commission said on Friday.

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The Capital One breach could cast a shadow over Amazon’s efforts to win a highly-sought-after contract to build the Pentagon’s cloud. Microsoft and Amazon are the final contenders for the Joint Enterprise Defense Infrastructure project. The winner will be tasked with overhauling the Defense Department’s technology infrastructure and building a system that allows different branches of the military to share sensitive information in the cloud.

The China National Democratic Construction Association Central Committee said in a congratulatory message that the Central Committee of the CPC has made remarkable achievements since the 18th National Congress in various fields, including improving people's lives, enhancing national strength and increasing China's global influence.

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The China-made Volvo began shipping on the international market in 2015, predominantly to the US.

The China Academy of Information and Communications Technology has predicted that 5G will drive 6.3 trillion yuan of economic output in China by 2030.