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Meanwhile, global investors' rising demand for renminbi-denominated assets and China's efforts to launch its official digital currency will help elevate the international status of the renminbi, a process that will contribute to global financial stability, Zhu said.

Meanwhile, Wu Changde and Wei Changjin, national political advisers from the military, called for better vocational training and increased pensions for retirees during the recent session of the CPPCC National Committee.

Meanwhile, a high-speed train between Beijing and Xiongan is expected to start operation by the end of 2020, and the commuting time between Xiongan and the capital will be cut to around 30 minutes.

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Meanwhile, consumption upgrade sectors showed rapid investment growth. With robust demand in healthcare, tourism, education, culture, elderly care and sports, investment in these sectors also experienced rapid growth. During the first quarter, investment into the sports industry surged 37.3 percent, while that in education, healthcare, culture and art, scenic parks and management, respectively rose 26.9 percent, 22.8 percent, 17 percent and, 16.4 percent.

Meanwhile, new equipment purchases will be separated from personnel expenses, Nikkei reported, making it easier for Japan to buy more military equipment from the United States.

Meanwhile, rail cargo volume rose steadily despite the impact of the epidemic. China's railway freight volume totaled 2.62 billion tonnes from January to September, up 4.8 percent year-on-year.

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Meanwhile, the Beijing–Xiong'an high-speed railway and the new subway line linking the airport and downtown in the initial phase will be ready for traffic in May.

Meanwhile, financial institutions will be encouraged to provide financing for platform firms.

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Meanwhile, Amazon has been growing like crazy, now topping 50,000 employees worldwide.

Meanwhile, Allbirds also joined Chinese major e-commerce platform Tmall.com under Alibaba Group to raise consumer awareness and facilitate online ordering.