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WuXi AppTec raised 5.74 billion yuan (2.62 million) in the IPO. The company plans to issue 104 million shares, taking up no less than 10 percent of its total share capital, and sell shares at 21.60 yuan each, it said in its prospectus to the Shanghai Stock Exchange. Its closing price was 31.10 yuan per share.

Wuhan is China's first city to pilot such electronic identifications.

Wuzhen, an ancient town located in Tongxiang, Southeast China's Zhejiang province, is known for its rich history of over 1,300 years and abundant cultural heritage.

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Xi stressed cultivating professionals in AI development, and said more forceful measures should be taken to develop high-level talent in the field.

Wuhan has also launched a campaign to help the endangered Yangtze finless porpoises return to the city section of the Yangtze River.

Xi said generations have persistently striven for China's socialist revolution, construction and reform, and many have emerged as role models.

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Xi said China-US ties have been generally stable, and that he has maintained sound communication with President Trump.

Xi also called for universities and colleges to step up research on the rule of law and other fundamental matters that involve legal issues to help improve the nation's socialist system with Chinese characteristics.

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Xi, also general secretary of the CPC Central Committee and chairman of the Central Military Commission, made the remarks while delivering a speech at a gathering here to commemorate the 30th anniversary of the founding of Hainan province and the Hainan Special Economic Zone.

Wu, 35, had used the gang members — some of whom were employees in his real estate offices in Guanxian county — to carry out such crimes as using violence to collect debts and illegal detention, according to the court.