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Hainan Airlines launched direct flights between Changsha, capital of Hunan province in Central China, and Los Angeles.

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HONG KONG -- Chief Executive of China's Hong Kong Special Administrative Region (HKSAR) Carrie Lam said on Monday Hong Kong will certainly overcome the current difficulties after the HKSAR government reaches out to start sincere dialogues with the communities, with the understanding of the society and the support of the central government.Speaking at a reception held by the Hong Kong Chinese Importers' and Exporters' Association to mark the 70th anniversary of the founding of the People's Republic of China, Lam said Hong Kong is now bracing for internal and external problems.The HKSAR government has announced new financing support for the small and medium-sized enterprises (SMEs) to help them fend off downside economic risks, including wider loan guarantee coverage and more subsidies to two funds for SMEs, Lam said.Hong Kong's imports and exports, the transport and logistics sectors and related industries are under pressure due to the trade friction between China and the United States, Lam noted.Escalating violence over the past months further dimmed the economic outlook and brought greater economic downside risks, as prolonged unrest has had a negative impact on the eocnomy and the people's livelihood, particularly on the external trade, tourism and retail sectors, she said."The HKSAR government is very concerned about the pressure on SMEs and the public in a weak economic environment."After more than 40 years of reform and opening-up, the country has made great progress in economic and social development and improving people's livelihood, Lam noted, adding Hong Kong has always played a role in connecting the mainland with other countries around the world.Since Hong Kong's return to the motherland, the HKSAR has been greatly supported and trusted by the central government, Lam said, adding Hong Kong will continue to seize the opportunity to actively participate in the promotion of the Guangdong-Hong Kong-Macao Greater Bay Area and the Belt and Road Initiative.By integrating into the development of the Greater Bay Area, Hong Kong will strengthen its role as a global offshore Renminbi business hub and international asset and risk management center and further enhance its status as an international financial center by developing services concerning innovative science and international legal and dispute settlement, she said.

Half of new cars in China will feature some driving assistance and low-level autonomous driving functions by 2020, and the number is expected to rise to 80 percent by 2025.

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HONG KONG -- The Hong Kong Special Administrative Region government on Wednesday welcomed the World Economic Forum's ranking of Hong Kong as the third most competitive economy globally and vowed to continue to generate more business opportunities for Hong Kong.

Hair coaches, anti-pollution scarves, smart canes: 7 ridiculous products from CES Unveiled

Hangzhou citizens learn how to catch cicadas with Jin Sucui (center with red cap) at a park in the capital city of Zhejiang province. [Photo/CHINA DAILY]

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Hao noted that the government would support and safeguard central enterprises to invest and develop in Hainan FTZ. The SASAC would provide them with more guidance and platforms for information exchange, he said.

Han said companies from the two countries should play a leading role in supporting the dynamics of the development of bilateral energy cooperation.

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Haitian filmmakers living abroad have more access to funding, but oddly, they are not part of the movement to revive cinema in their home country.

Hao Huan, co-founder and chief technology officer of Yunji, told Xinhua that the company's listing on the US stock exchange was just a beginning for his team. He hoped Yunji's innovative business model could attract more foreign investors.

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