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Their remarks on the much-anticipated proposals for the 14th Five-Year Plan (2021-25) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035 were made after the Fifth Plenary Session of the 19th Central Committee of the CPC passed the proposed plans on Thursday.

Their remarks came as the China State Railway Group Co Ltd, the national rail operator, submitted an application for an initial public offering at the Shanghai Stock Exchange for the Beijing-Shanghai High Speed Railway Co that included details of its profitable operations and levels of staffing.

The world's leading central banks reversed their monetary policies to a more dovish stance recently in response to a less cheerful global economic outlook. The Federal Reserve in the United States has put rate hikes on hold. "The global economy is still under downside pressure," Yi said.

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The year 2020 was supposed to be one of uninterrupted globalization and free trade-until the arrival of the COVID-19 pandemic, which has had a cataclysmic effect on the world's economies.

The world's first inactivated vaccine has shown a 100 percent antibody positive conversion rate, with all subjects producing antibodies according to the latest clinical results from its producer.

The workshop follows bilateral meetings between China's President Xi and Kenya's President Uhuru Kenyatta during the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) in September, during which the two heads of state committed themselves to enhancing cooperation across various sectors including wildlife conservation.

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The world's highest county, Tsonyi in Nagqu city, Southwest China's Tibet autonomous region, gets connected to China's state grid on Dec 24, 2019, enabling a stable power supply for more than 7,000 local residents. [Photo/Xinhua]

There are usually only two windows of opportunity each year to apply under the merit system, said Liu Qiang, director of a service center for foreigners set up by the Beijing Public Security Bureau's exit and entry administration in Zhongguancun.

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There are also reportedly plans by both private and public entities to develop the district of Katembe. Among the plans are the transfer of the country's Assembly of the Republic to Katembe and the construction of parliament residences for MPs.

The writers are Huu-Hoi Tran, head of the automotive sector at KPMG China, and Yale Zhang, founder of Automotive Foresight.