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Local authorities are pushing forward the establishment of organizations such as an international marine development bank, a national deep-sea exploration center, a national deep-sea gene bank and a global think tank on marine affairs, he said.

Lopez, also chair of the upcoming Mayors Summit in Texas, said she believed that as the world becomes more complex, it becomes more imperative for mayors and other officials of China and the US to “come together for common solutions to problems that we all face”.

Located at the heart of Eurasia, Turkey has a customs union with the EU and an extensive free trade agreement network. Within four hours of flight from Istanbul, investors can reach 1.5 billion people in 57 different countries and have access to these multiple markets worth trillion of GDP.

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Local media have reported that the unit will have a staff of nearly 200. Some officers with experience in investigation and intelligence gathering are reportedly undergoing background checks, the final step before being transferred to the new division.

Looking back at what had happened in 2019, Lardy said China's exports to the United States declined at double-digit rates because of the Trump administration's high tariffs, but China managed to expand its exports. "So I think it's a mistake to underestimate China's resilience on the export side," he said.

Logos of KFC are seen on its delivery bicycles in front of its restaurant in Beijing, Feb 25, 2013. [Photo/Agencies]

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Located at Trollhattan Innovatum Park, the company applied for testing L4 autonomous vehicles on roads between the park and railway station, which is the busiest block featured with the most complicated traffic situations. The L4 autonomous vehicle, independently developed by Dongfeng Motor Corporation, was created based on passenger vehicles.

Located on the Yunnan-Guizhou Plateau, the province boasts varied terrain and a changeable climate, leading a diverse array of species to call the area home.

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Located 180 kilometers away from Beijing, Fengning is the only way for sand storms to travel south to Beijing and Tianjin. This afforestation activity therefore will play a positive role in improving air quality and protecting water resources in the two cities.

Looking ahead, stable profit growth in the industrial sector is expected to continue to play a positive role to support the economy, phasing out the negative impact of expected slower growth of credit expansion, as the nation is trying to curb shadow banking risks as part of broader efforts to contain financial risks, UBS Securities said in a research note.