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The combined profits of China's centrally-administrated SOEs rose 7.4 percent year-on-year to 1.05 trillion yuan (8.16 billion) for the January-September period, according to the SASAC.

The comments came after Reuters reported that the US Department of Commerce is close to signing off on the rule, which will essentially allow US companies to participate in standards-setting meetings where Huawei is also a member.

The company also plans to recall 33,722 Tucson vehicles, which were produced between June 1, 2016 and Aug 23, 2016, starting on Feb 1 due to problematic dual clutch transmission control units (TCU).

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The closer the boats got to the submerged villages, the more vegetation there was. Rescuers sailed alongside rows of treetops above the water surface.

The company has raised million in funding to expand its business. It said that only four staff members are needed to run around 40 stores.

The comments follow two investments in auto startups from Amazon earlier this year. The company led a 0 million round in Rivian, an electric truck startup, and participated in a round for self-driving car venture Aurora.

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The comments came as Huawei announced on Tuesday that it posted 401.3 billion yuan (.3 billion) in revenue in the first half of 2019, marking a 23.2 percent year-on-year jump, despite all the restrictions it faces from the United States government.

The company also has continued to invest in the Ohio plant. Besides an initial 0 million to establish the plant, the company invests million to million each year, focusing primarily on innovation, renovation and increasing productivity.

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The companies will increase the number of wifi hotspots throughout the high-speed rail network and develop an online platform that offers ticketing, shopping, tourism and catering services, according to a Geely statement.

The company also unveiled its first in-car smart screen device which supports the cross-screen transfer of mobile applications. Initially, the smart car screen will support more than 30 applications, including Baidu's navigation service and some music streaming services.