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Hu Jinming, co-head of treasury at the China Construction Bank London Branch, the officially appointed renminbi clearing bank in the UK, said the bank will provide settlement support for the new Shanghai Clearing House service. In addition, it also looks to participate in this new cross-border foreign exchange market as a trading party.

However, one of the major hurdles in the way of smoother bilateral economic and trade ties and greater cooperation and coordination is that some in Germany have seen Chinese investment and takeovers in the country as acts of "industrial espionage" and tried to block them. This has led to Chinese enterprises falling far behind their German counterparts in terms of the scale and quality of their mutual investment. It is hoped that Li's pledge that China will respect intellectual property rights and protect commercial secrets will help dispel that suspicion.

Hu said Brazil is a member of the BRICS group and China's most important comprehensive strategic partner and trading partner. The transaction is in line with CMG's goal to deepen cooperation with BRICS members.

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However, owning a TV set in Malawi is one thing and subscribing to pay content is another.

However, potential trade growth faces pressure for the first quarter of this year, as surveys show falling confidence and fewer new orders in December, according to the GAC.

Hu Yabo, executive vice-mayor of Wuhan, said at a news conference that in addition to the 13 cabin hospitals that have already been put into service, the construction of the 19 new ones in the city has been underway and is going to be completed by Feb 25.

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Huang Feng, a law professor from Beijing Normal University, said Chinese fugitives will pose a serious risk to local public security, and if US law enforcement officers are aware of their crimes, they won't allow foreign suspects to stay in the country.

Hozon unveils its model U at the carmaker's Beijing design center on March 21. [Photo provided to China Daily]

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However, many interviewees said they have concerns about the quality of takeout food.

However, in the daily lives of Hong Kong people, who tend to be apolitical, practically nothing has changed since Hong Kong's return to China in 1997. When disruption did come in 2014, in the so-called Umbrella Movement that disrupt-ed everyday life in the city, there was evidence of foreign involvement, which worried leaders in Beijing.