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The two sides agreed that in face of the escalating tension on the Korean Peninsula, it is necessary and timely to convene such a meeting on this matter at the Security Council.

The two sides will have a wide-ranging partnership, ranging from product development to sales and marketing. In addition, China Merchants Group's shipbuilding subsidiaries will partner with the joint venture to design and build new ocean cruise ships dedicated to the Chinese market, according to the agreement inked between the two sides.

The two presidents held talks and jointly met with the press on the sidelines of the fourth Eastern Economic Forum in Vladivostok, Russia. It was the first time Xi attended the forum, which was proposed by Putin in 2015.

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The transfer of the two islands might trigger reactions from Poland and Finland about their border issues with Russia settled at the end of WWII. Russia would not be happy to see such a scenario occur, Feng said.

The two sides agreed to take effective measures to substantially decrease the US trade deficit in goods with China.

The two sides briefly clashed, according to news media. Anti-Trump protests also took place in Washington Park. Other people had signs urging him to "stop attacking Mexicans".

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The two sides held the 200th joint committee meeting of the Status of Forces Agreement (SOFA), which stipulates a legal status of about 28,500 US troops stationed here, at Camp Humphreys, a US military complex in Pyeongtaek, some 70 km south of capital Seoul.

The two sides should strengthen coordination, enhance strategic mutual trust and deepen mutually beneficial cooperation, Wang said.

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The treasury stock system will be introduced under the new rules.

The two countries should continue high-level exchanges, draw the blueprint for cooperation in all areas and keep supporting each other on issues related to core interests and major concerns, Xi said.