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Many high-end goods companies like Chanel, Prada, Miu Miu and Gucci have brick-and-mortar stores in China, allowing shoppers to get a bargain at times without flying to the US and Europe.

Mattarella, in his letter, said that the Italy-China friendship has a long history, adding that the two peoples were once main characters in the exchanges between different peoples in different regions along the ancient Silk Road, and they always respect and appreciate each other.

Maria-Francesca Spatolisano, UN assistant secretary-general for policy coordination, who gave a briefing at Monday's news conference, said the report includes updated population estimates from 1950 to the present for 235 countries or areas, based on detailed analyses of all available information about the relevant historical demographic trends.

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Marie-Agnes Veve, managing director of Airbus Helicopters China, said the company currently has a 37 percent market share in the country's civil and para-public helicopter market and about 300 of its helicopters are currently in operation.

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Mark Dorn, president for Asia-Pacific of Henkel Corp, the German chemical and consumer goods company, said as the pandemic is being contained, China has started placing increasing focus on ensuring stability in key areas such as employment, foreign trade, foreign investment and market expectations.

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Martin Lau, president of Tencent, told investors on Wednesday that the move is a "monumental step" in China's economic restructuring effort. The company invested 11 billion yuan (.65 billion) to claim 5.18 percent of China United Network Communications Group Co Ltd's Shanghai listed arm.

Many international oil giants have expressed willingness to continue investing in China. British oil and gas multinational BP also said it plans to more than double its gas station network in China by adding 1,000 more outlets in the coming five years, in response to the lifting of foreign ownership limits.

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Mao Qun'an, head of the National Health Commission's planning department, said concerted efforts have strengthened awareness about the harm of tobacco among teenagers, and more public attention has been paid to curbing youth smoking in recent years.

Mark Porter.