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The C919, China’s first homegrown large passenger jet, takes off at Shanghai Pudong International Airport, Dec 17, 2017. [Photo/VCG]

The Belt and Road Initiative and new business modes will further promote economic ties among members of the Shanghai Cooperation Organization, which are deploying more resources in railways, trade, financial services and people-to-people exchanges, experts and business leaders said.

The CEO emphasized that Webasto had the necessary expertise in industrial process management that would enable it to assist car makers that do not want to develop their own batteries for the New Energy Vehicle (NEV).

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The CPC inspection regulation was first put into force on a trial basis in 2009. This is the third version of the regulation following the release of a revised version in August 2015.

The CBA issued a statement Sunday saying that Morey had made "improper remarks regarding Hong Kong", to which it expressed its "strong opposition".

The Australian wagyu beef is shipped directly from Australia by air and stored in a custom-made cabinet.

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The Beijing-based company in recent weeks has been in talks with bankers about the feasibility of tapping the public markets for cash in the second half of 2018, people familiar with the matter told the Journal.

The CPI reading, in line with market expectations, was unchanged from the figure in May. On a monthly basis, it edged down 0.1 percent last month.

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The Beijing-based company added that it will remain focused on its business strategy to maintain and strengthen its leadership in China's private education market.

The COVID-19 epidemic has led to fewer social gatherings, drastically reducing alcohol consumption in the January-June period, said the statement.