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Lian Ping, chief economist with the Bank of Communications, said rising producer prices may push up consumer prices in the longer term.

Li, chairman of the National People's Congress (NPC) Standing Committee, said that China cherishes its traditional friendship with Montenegro.

Li said the upcoming second session of the 13th NPC was a key meeting and would help bring people's mind and action in line with the decisions and plans made by the Central Committee of the Communist Party of China and rally people to work together to accomplish various tasks of the year to celebrate the 70th anniversary of the founding of the People's Republic of China with great achievements.

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Li said China's economic fundamentals are strong, which will be crucial for the development of the A-share market in the medium and long term.

Li said in its IPO prospectus that it would use most of the proceeds raised for capital expenditures and research and development.

Li visited Invatare and found that its technology was complementary. They quickly signed a non-disclosure agreement for collaboration.

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Liberalizing rules for foreign equity in key sectors a priority, regulator says

Li said both countries should accelerate the alignment of their own development strategies and strengthen cooperation in various areas, including the Belt and Road, infrastructure, nuclear energy and industrial parks.

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Li forecast greater potential for trade cooperation between China, Japan and South Korea once the contagion is controlled.

Liang Ziqian, deputy director of the institute, said that the international knowledge-sharing think tank mainly offers high-quality and cutting-edge knowledge products and services to support Central Asia regional economic cooperation. By promoting effective regional development, it helps contribute to the realization of the strategic objectives of regional economic cooperation and accelerate economic growth in the region.