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In his view, it is a good time for insurance companies to invest in the capital markets now.

In his remarks, Park stressed that Wiseman and Cui's work to promote understanding between different cultures and languages "can make our country better".

In his article, Putin also highlighted that establishing effective cooperation to support innovation is "the most important task we face in this dynamic era."

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In light of the plan, efforts are called for developing specialized financial services, such as ship financing and financial technologies, as well as aircraft and ship leasing, to turn Nansha into a into a demonstration zone for comprehensive cooperation among Guangdong, Hong Kong and Macao.

In its statement late on Thursday, Xi'an Aerospace Propulsion Institute explained that its employees who handled Zhang's case used exaggerated words because they "were anxious to make Zhang return to the institute as soon as possible to fulfill his contractual confidentiality obligations".

In key opening-up move, 50% limit on foreign investment will be phased out

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In line with this philosophy, the two sides are expected to sign agreements on several projects during Xi's two-day visit to Myanmar, opening up new channels for win-win cooperation and breathing new life into some projects that have come to a halt.

In one case, 13 suspects were detained and 8 others captured by police in the provinces of Guangdong, Henan and Heilongjiang in July last year after they were found to have involved in illegal live streaming, according to the statement.

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In parallel import, independent auto dealers directly purchase vehicles from a foreign production base or auto dealer. Prices for parallel-import cars are normally 10 to 20 percent lower than the prices offered by authorized dealers.

In mid-December, two judges from Ningbo Intermediate People's Court in East China's Zhejiang province livestreamed auctions of assets seized in lawsuits, including a sea-view mansion, a parking lot and mobile phone numbers, which received more than 8,000 views within an hour.