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In remarks made at a symposium via video link with provincial governors on Friday, Li urged officials to make good use of the rules and facilitation measures in the pact, the world's largest trade deal, and to promote high-level opening-up.

In terms of the development of the private sector, the report noted China will work to foster an enabling environment and give private businesses equal access to production factors and policy support.

In recent years, Fosun has invested in several fashion companies, including Italian menswear company Caruso, German clothing brand Tom Tailor, and United States luxury house St. John.

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In spite of a slowdown in global growth and trade, the Chinese economy has had a strong start this year with key economic indicators in the proper range, he said.

In response to the US moves, the Iranian parliament also passed a bill blacklisting the US Central Command (CENTCOM) forces in West Asia as a "terrorist group," pledging to fight back any provocation by Washington.

In response to the US imposition of rising tariffs on Chinese goods, China has since July 6 begun to levy additional 25 percent tariffs on 517 types of agricultural products — including soybeans, cotton and pork — imported from the US. The total value of these imports last year was about billion, Han said.

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In response to the problem, Liaoning reported a 2.5-percent drop in its 2016 regional GDP, compared with a 6.7-percent expansion in national GDP, showing the province's firm stance against falsifying data.

In southwest China, Tibetans celebrated the Tibetan New Year, which coincided with the Spring Festival this year, making prayers at monasteries and watching Tibetan opera performances Friday.

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In recent years, the China-UK “Golden Era” has made steady progress and achieved fruitful results. The Chinese and British economies are increasingly connected by mutually beneficial cooperation.

In response to the changing consumption patterns, Hong Kong-listed Chow Tai Fook, China's largest jeweler by market capitalization, launched a series of 22k or 18k gold products, those that are less pure but more affordable for younger consumers.