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Nazarbayev said Kazakhstan firmly adheres to the one-China policy, and fighting the "three evil forces" of terrorism, extremism, and separatism.

New Zealand-based milk producer a2 Milk Company will invest in marketing and improving product quality, in hopes of tapping the tremendous consumer demand for high-quality milk in China.

Nazarbayev said in his speech that the medal was an unparalleled honor. The friendship between China and Kazakhstan, built on the basis of mutual respect and trust, has become a model for relations between countries, he said.

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Nestle's pet food business, Nestle Purina PetCare, has developed nine brands since it entered the Chinese market in 2001. Purina plans to further invest in production lines for new high value-added products, such as veterinary diet and wet cat food categories, to provide pets with richer and high-end food options.Among Purina's over 50 factories covering pet food, only three factories are qualified to produce the PRO PLAN veterinary diets. The production lines in Tianjin are expected to be operational next year.

Neil Saunders, managing director of GlobalData, a data analytics and consulting company, told China Daily: "Department stores need to innovate and think about the services people want from a modern-day shop. This goes beyond selling products and involves concepts like food service, beauty spas, classes and events.

Net profit totaled 1.61 billion yuan (7 million), or 0.50 yuan per share, last year, BYD said in its annual report filed to the Shenzhen Stock Exchange.

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Negative lists indicate sectors in which cooperation is restricted, while all others are considered permissible.

New business models, deepening of the opening-up policy and the growing size of the domestic market will all encourage multinational corporations to continue to bet big on China for long-term success, said a senior economist.

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New business patterns such as bike-sharing have also seen a boom in China last year.

Nearly 60 percent of China's nominal trade surplus with the US comes from US enterprises operating in China, while China recorded a service trade deficit of .1 billion with the US last year, according to the white paper.