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The outbreak has delayed production for some companies, as quarantine measures kept many workers from returning to work, said Zuo Liuliu, an official at CCPIT's commercial service center.

The outside of China Xiamen International Conference & Exhibition Center is open to the public in Xiamen, Fujian province on Aug 29. The 2017 BRICS Summit will be held right here from Sept 3 to 5. [Photo/VCG]

The partnership also ramps up competition between WeChat Pay and Alipay, an application introduced by Alibaba Group Holding, as the two attempt to boost their market share outside China. Alipay recently announced a partnership with Yahoo Japan and Softbank Group Corp to offer payments services.

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The operation is aimed at offsetting the impact of factors such as tax payment and payment on issue of government bonds, according to the PBOC.

The other investors include STI Financial Group, Shunwei Capital Partners and Zhong Capital Holding Group.

The pandemic has forced the suspension of several flights between China and Europe, but "Air Silk Road" cargo companies at Liege Airport continue to operate at almost full capacity, helping countless small and medium-sized enterprises deliver their products across thousands of miles.

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The pacts were inked after the talk between President Xi Jinping and his Italian counterpart, Sergio Mattarella, on Wednesday in Beijing.

The operations come as the Trump administration faces criticism for housing immigrants in overcrowded, unsanitary conditions, and there are concerns about migrant children being separated from adults by US authorities.

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The order also requires ByteDance to destroy all data of American users collected on TikTok's platform and inform the interagency Committee on Foreign Investment in the United States when it has destroyed all such data.

The optimism seems to have affected reinvestment plans. The respondents said their combined budgeted reinvestment for 2018 was expected to rise by 11.8 percent year-on-year to billion in a bid to expand operations and grab larger market shares.