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The idea is to enable buyers from around the world to have direct knowledge of the quality-related features and technical specifications of their products.

The international situation is undergoing complicated and profound changes, Juncker said. In this context, safeguarding multilateralism and free trade are not only at stake for the EU and China, but also for the rest of the world.

The improvement comes as China steps up its role on the global stage, championing free trade and leading the efforts to combat climate change at a time when the US is turning toward protectionism and prioritizing own interests over a collaborative energy policy.

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The initiative, proposed by President Xi Jinping in 2013, aims to create greater trade, infrastructure and people-to-people links between Asia, Europe and Africa by reviving and expanding the ancient Silk Trade routes. The modern version comprises an overland Silk Road Economic Belt and a 21st Century Maritime Silk Road.

The hotel's management team told China Daily USA that its occupancy rate has already been "exceptionally high". Most of the current occupants belong to Aman Junkie, an elite group of jetsetters who travel from one Aman resort to the other for their getaways.

The interest rate for the seven-day reverse repos was set at 2.2 percent, according to a statement on the website of the People's Bank of China.

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The insurer planned to get listed both in A-share and H-share markets in 2015, but the scheme was suspended due to regulatory issues.

The international metals and mining company is 40 percent owned by the Kazak government and plans to become one of the largest cobalt suppliers to the world's second-largest economy by the end of 2018.

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The injection saw a net 140 billion yuan pumped into the market Monday, offset by 60 billion yuan in maturing reverse repos.

The iconic American motorcycle maker Harley-Davidson has announced plans to shift production overseas to cushion against retaliatory tariffs by the EU.