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NEW DELHI -- The Indian government Friday said the country's economy slowed down in 2016-2017, with a nearly 1-percent decline in gross domestic product (GDP) growth as compared to the previous financial year.Indian Finance Minister Arun Jaitley told the parliament that the GDP growth fell from 8 percent in 2015-2016 to 7.1 percent in 2016-2017."Slower growth in 2016-2017 reflects lower growth in industry and services sector. Economic growth of a country depends on a number of factors including structural, external, fiscal and monetary factors," he said.Experts say the slowdown in the Indian economy in 2016-2017 could be because of Prime Minister Narendra Modi's sudden decision to scrap currency notes of higher denominations in November last year as well as the subsequent tax reforms.India introduced an unified tax regime, goods and services tax (GST) or one nation, one tax, since mid-2017, barely six to seven months after demonetization.

NEW YORK - NIO Inc, a Chinese electric vehicle start-up, rang the New York Stock Exchange (NYSE) opening bell on Wednesday in celebration of its initial public offering (IPO).

Multiple inspection groups from government authorities have kicked off a safety check into seven companies in the car-hailing and ride-sharing industry, including Didi Chuxing.

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NEW YORK - New York Governor Andrew Cuomo on Friday said all school districts in his state, once the epicenter of the nation's COVID-19 crisis, could open for in-person learning in the fall based on their current low infection rates of the coronavirus.

NEW YORK -- CooTek (Cayman) Inc, a mobile internet company based in East China's Shanghai, was listed on New York Stock Exchange (NYSE) on Friday.

NADI, Fiji -- The Asian Development Bank (ADB) launched here on Thursday the Action Plan for Healthy Oceans and Sustainable Blue Economies for the Asia and Pacific region.

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Nan said goods shipped to Europe are mostly chemical products, like PVC and farm products. Central Asian countries, however, have a large import need for everyday items.

NANNING -- China and Malaysia plan to expand bilateral agricultural trade, officials told a forum Friday.

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Nandajie is a heavily-trafficked main street in the city. Rescuers are still searching for the missing. Previously, the local authorities said two were missing and 13 injured.

Mutually beneficial trade and economic ties are in the fundamental interests of both countries. China attaches great importance to strengthening pragmatic cooperation with India in various fields, the ministry said.