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Li and Ratas will attend the seventh Leaders' Meeting of China and Central and Eastern European Countries on Saturday, along with leaders from 15 other CEE nations.

Li Shufu, chairman of Chinese automaker Zhejiang Geely Holding Group, said Xi's speech inspired the company to enhance its presence in the global arena.

Li Hongbiao, senior researcher at the China Academy of Northeast Revitalization, said: "Wang Na's upgrade from OEM to OBM(original brand manufacturer) shows the nation's history of climbing up the industrial chain in the past decades."

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Leveraging its growing popularity as the host city of 2016 G20 Summit, Hangzhou held the 2017 Conference and Incentive Travel Industry Fair, attracting a total of 122 professional buyers in MICE industry and 160 conference service providers.

Leung Chun-ying, vice-chairman of the National Committee of the Chinese People's Political Consultative Conference, joined a separate delegation for the celebration in Beijing.

Li Keqiang says new development concept requires implementation

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Li Jian, executive vice-president of Shenzhen Skyworth-RGB Electronic and general manager of the company's R&D department, said it will invest 1.5 billion yuan in its Swaiot AIoT ecosystem that enables users to view, control and manage smart home devices from their TVs along with partners and developers.

Less social gatherings and less income have limited the demand of wine for most Chinese consumers. In China, wine is mostly for large-scale social occasions, banquets and gift giving. With a sliding demand nationwide, the volume of wine that Shanghai Qiuxia has sold to domestic liquor stores and individual consumers has dropped by 50 percent since the outbreak, and it is difficult for the company to clear the stock.

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Li also stressed the importance of information safety in self-driving vehicles. "We should strengthen security measures to prevent huge risks caused by hackers and critical data being controlled by others."

Lhasa has issued 187,092 driving licenses. In January alone, a daily average of 126 new vehicles were registered.