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Li said the young generation in the 25-34 age-group account for 49 percent of consumers who buy imported products, while the proportion of residents of lower-tier cities in the total is continuously increasing.

Li said the CPC would support these parties in performing their duties in accordance with the requirements of the Chinese socialist system for their participation in governance, and consolidate and develop the broadest possible patriotic united front.

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Li said in March that the company had invested more than 20 billion yuan (.1 billion) into AI R&D in the past two-and-a-half years. It is now leading the country's first national lab on deep learning, and is ramping up resources to achieve its plan of mass-producing self-driving cars in several years.

Li, who cared a lot about small- and micro-sized enterprises, urged related authorities to properly address the issue of allowing companies to use their intellectual property to secure loans and cut down their financing costs.

Li will attend a series of high-level meetings in the Philippines from Nov 12 to 16, Foreign Ministry spokeswoman Hua Chunying said on Sunday.

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Li further explained that Yulin has developed an industrial network centered on electricity and chemicals, especially with raw materials like coal, oil, gas and crude salt exploration.

Liberals fret that the constant media focus on the matter could help knock the government off course ahead of a federal election in October.

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Li made the remarks during his meeting with Hungarian Prime Minister Viktor Orban on the sidelines of the eighth leaders' meeting between China and Central and Eastern European Countries (CEECs) held at the southern Croatian coastal city of Dubrovnik.

Li said the company has two such projects. One is in the Sunhe area in Beijing's northeastern Chaoyang district, and the other is in Tongzhou.