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In the civil aviation sector, digitalization means safety, efficiency and cost savings, according to Zheng.

In the first half of 2018, the number of newly registered vehicles reached 16.36 million, compared with 15.94 million new vehicles for the same period in 2017, said the ministry's traffic management bureau.

In the end, that is what it really takes to create innovation.

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In the Doing Business 2020 report by the World Bank, China jumped to 31 from 46 last year. The indicator of "access of electricity "was ranked 12, the highest among 10 indicators of China measured by the bank, surpassing Switzerland, France and Iceland. A year ago, China was ranked 98th in terms of getting access to electricity.

In the city center of Yiwu, the wholesale-only market covers 2 square miles, roughly the same size as 26 of the Macy’s Herald Square flagship store in New York City. The Christmas product subdivision is only a small portion among the 75,000 stalls.

In the United States, overall rates of new colorectal cancer cases and deaths from the disease have decreased steadily since 1980, largely owing to recommended colonoscopy screening starting at age 50. But for reasons that remain unknown, new cases of, and deaths due to, both colon and rectal cancers have been increasing for younger adults aged 20 to 49.

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In the first seven months, costs per 100 yuan of revenue dropped 0.38 yuan from the same period last year, according to He.

In the digital wave, technology plays an increasingly important role. "All of our customers are in the process of digital transformation, whether from computing, storage, Internet of Things, or cloud computing," Chen said.

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In the first half of this year, the total number of Chinese outbound tourists reached 71.31 million, increased by 15 percent year-on-year from 62.03 million in the same period last year, as the number of outbound travel destination countries has increased under the Belt and Road Initiative, a report by the data center of the Ministry of Culture and Tourism said.

In the end, said Ho, projects might be delayed but will ultimately continue and he is confident that business appetite will rebound: "In the long run, a few months' delay is not going to stop an initiative like the Belt and Road."