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The Belt and Road Initiative has created a hub for international business in Xinjiang, China's westernmost region bordering Russia and several central Asian countries.

The COVID-19 pandemic has redefined the role of accounting professionals, increasing their say in corporate decision-making, as sustainable business development has become more important than ever amid protracted uncertainties, said one of the world's biggest professional accounting bodies.

The CPCA chief also predicted that the remaining luxury car makers that had been hesitant on price cuts would respond soon, because they had been enjoying fat margins in the local market, and cuts of thousands of yuan to the MSRP would not particularly impact their profitability.

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The British cartoon Peppa Pig has been a phenomenal hit in China but one popular online platform that streams short videos has now removed the much-loved character from its site.

The Belt and Road Initiative, aimed at building the Silk Road Economic Belt and the 21st Century Maritime Silk Road through concerted efforts of all related countries, was first put forward by Chinese President Xi Jinping in 2013.

The CSRC dealt with 90 major cases of market violations last year, double that of 2016.

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The Beacon initiative is designed to help movie makers move beyond standard audience profiling by age, gender and geographical location. Alternatively it cast more predictive models based on word-of-mouth comments on different movie genres and other online behavior (such as shopping and social media interaction) to forecast audience preferences.

The Bond Connect is the fourth key measure the central government has taken in recent years to liberalize the country's capital markets, and is seen as an important first step in promoting internationalization of the yuan. It follows the launches of the Shanghai-Hong Kong Stock Connect in November 2014, the Mainland-Hong Kong Mutual Recognition of Funds Scheme in mid-2015 and the Shenzhen-Hong Kong Stock Connect late last year.

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The CCID added that operators of charging poles should look to expand services offered beyond simply charging, such as providing drivers with data on battery usage and driving habits.

The Belt and Road Initiative proposed by Xi in 2013 is expected to connect Asia with Europe and Africa. In three years, Chinese businesses have helped build 56 economic and trade cooperation zones in 20 countries along the Belt and Road routes, with total investment exceeding billion. They have helped generate more than billion in tax revenue and create more than 160,000 jobs.