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The two partners hope the new company will become a world-leading components supplier for automotive applications.

The trains departing Wuhan carry automobiles, electronic components, steel products and optical fibers and cables, while returning trains are usually loaded with dairy products from Belarus, wine from France and beer from Germany.

The two countries should work together to build the Belt and Road and enhance cooperation to improve the people's livelihoods and reduce poverty, Xi said.

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The two parties will invest in developing a deep processing production line for aircraft parts, according to a statement from Nanshan Aluminum.

The two new companies are ICBC Wealth Management Co Ltd, a wholly-owned subsidiary of Industrial and Commercial Bank of China Ltd, with as much as 16 billion yuan (.32 billion) in registered capital, and the wealth management subsidiary of China Construction Bank Corp, with a registered capital of up to 15 billion yuan.

The two offices will strengthen the city's exchanges with the US in scientific research and human resources, according to Cai Chaolin, Party chief of Nansha district of Guangzhou.

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The two bodies have given the green light for the China Foreign Exchange Trade System and National Interbank Funding Center, China Central Depository and Clearing Co and Shanghai Clearing House, together with Hong Kong Exchanges and Clearing and the monetary authority's Central Moneymarkets Unit to conduct settlement and trading matters related to northbound trading.

The two sides signed a memorandum of understanding in Beijin, though Luckin didn't reveal the details of their collaboration. Luckin Coffee's Founder and CEO Qian Zhiya said this agreement represents Luckin Coffee's first step toward bringing its products from China to the world.

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The two sides will set up a joint venture, which aims to produce smart electric cars in 2020, local financial news outlet Caixin quoted people familiar with the matter as saying.

The two new standards will effectively reduce the use of protein-intensive feed materials such as soybean meal, which is soybean remnants after oil extraction, in China's farm animal raising, the association said.