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Life in what has been characterized as a "cliff village" first garnered nationwide attention in May 2016, when a Chinese newspaper published a collection of photos featuring students scaling the 1,400-meter cliff on rattan ladders.

Li learned about the impact of the macro economy on businesses at Shanghai Electric Group Co, one of the largest equipment manufacturing conglomerates in China.

Li said China hopes both sides can take the opportunity to further promote cooperation in areas including trade, investment, and science and technology, explore new forms of cooperation in the construction of experimental free trade zones and free ports, and create new growth points within the framework of the Belt and Road Initiative.

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Li said industries like consumer goods, electronics and manufacturing would be mostly affected in China, but "the impacts are controllable". Moreover, the tariff increase on Chinese goods will eventually be passed on to US customers who have more reliance on China-made products, Li added.

Lin Tao, a chengni ink slab master, shows a piece of his artworks. [Photo by GAO XINSHENG/FOR CHINA DAILY]

Li made the remarks in Beijing when holding talks with Pakistani Prime Minister Imran Khan, who is paying an official visit to China and will attend the first China International Import Expo in Shanghai.

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Li, the elderly man, happened to be outside the building when it collapsed. He told The Beijing News that he had refused to hold a birthday banquet but had been persuaded to do so. The banquet should have been on Sunday, but as children had to go to school that day, it was held a day in advance, he said.

Like automakers, many other Chinese companies from industries, sectors or fields such as telecommunications, infrastructure, energy, general manufacturing, shipping, services and finance have all invested big-time in both developed and developing economies across the globe.

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Like the ancient Silk Road, Europe is a key terminal. In addition to the CRE, China is working on other transport infrastructure there.

Li noted community workers and volunteers would be deployed to deliver food and other basic supplies to residents.