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Wangfujing attributed the profit growth to an improving retail market, boosted by the country's stable economic growth and the company's efforts to cut operating costs.

Wayne Morrison, a specialist in Asian trade and finance at the Congressional Research Service, said that efforts by Chinese firms that are owned, controlled or favored by the Chinese government will generally face tougher challenges doing business in the US because of the uncertainty over whether investments and business deals are being made for market-based reasons or are being driven by Beijing.

Water from the project has been hailed as the lifeblood of Hong Kong ever since, accounting for 70 to 80 percent of the special administrative region's annual fresh water consumption.

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We acknowledged the importance of shared cooperation in the MLC and the New International Land-Sea Trade Corridor to enhance economic, trade and investment cooperation among the Mekong-Lancang countries, promoting smooth trade and sustainable investment, improving the level of the regional supply and industrial chain, and building a strong, inclusive, sustainable and competitive sub-regional economy.

We also heard from the real estate site Zillow, which has an enormous amount of data about the real estate market. It’s just scraping the surface in terms of creating products that customers and businesses could be interested in. It’s also just beginning to monetize a lot of these opportunities.

We continue to invest for future growth, especially in local production and innovation. BASF Coatings has invested more than 400 million euros (2 million) in China over the last couple of years, building up a strong production footprint in Guangdong and Shanghai, as well as larger R&D presence in Pudong, Shanghai. The setup allows high local production and technology development capacity, operational efficiency and speed to market - all of these are designed to support our customers with customized solutions developed in China, for China.

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Wang used the visits to four nations- Ethiopia, Burkina Faso, Gambia and Senegal－to reaffirm the priority that China places on developing ties with Africa and to dismiss criticism alleging that Chinese aid had contributed to a massive increase in the debt of African countries.

Wang told a news conference in Addis Ababa, the capital of Ethiopia, that it has been the primary objective of China's diplomacy to strengthen cooperation with Africa and other developing countries.

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Wang suggested allowing surrogacy in a few certified medical institutes in China to meet demand while preventing risks like dangerous medical practices.

Wang told Xinhua in an interview in Madrid as he attended the inaugural ceremony of the China-Spain Business Advisory Board Tuesday night, saying that it will become a major platform for business cooperation between the companies from the two countries, and facilitate BYD to go abroad.