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The author is an economist at the Asian Development Bank. The views do not necessarily reflect those of China Daily.

The automated terminal, or the fourth phase of the Yangshan Port project, is designed to handle a maximum of 6.3 million TEUs (20-foot equivalent units), making it the largest automation port worldwide. Its energy consumption system should result in zero carbon dioxide or other emissions while allowing savings of up to 70 percent.

The asset-liability ratio has declined, according to Zhu.

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The authorities should seize on good timing to advance reform and not miss the boat again. It could be a clear signal of China's opening up and reform and will enhance China's representation and voices in global financial affairs, the report said.

The asset was being sold by AXA Investment Managers, which started looking for buyers in February. The China Resources Land consortium also contains a 20 percent stake from the New York-based investment company NorthStar Realty.

The association expressed its firm support for Hong Kong's education reform, which will serve to better implement the "one country, two systems" principle. Schools should also teach students the importance of the Basic Law and national security, according to the statement.

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The bill includes sanctions on foreign companies investing in or helping Russian energy exploration, although the president could waive those sanctions.

The best way to prevent infection is to avoid contact with the affected livestock.

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The author is a researcher at National Institute of International Strategy, Chinese Academy of Social Sciences.

The best part was the reaction from the Rotarians — nervous laughter when the question was asked, and then loud applause after Ballmer’s response.