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Recently, the government has focused on improving the business environment for both domestic and foreign companies. In the World Bank's latest Doing Business 2020 report, which traces how world economies are implementing reforms to encourage efficiency and support freedom to do business, China's overall ranking climbed 15 places to number 31 in the world.

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Railway departments have put more trains into operation to handle a spike in trips for tourism and family visits and enhanced anti-epidemic measures to ensure passengers' safety, said the co

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Reforms including the STAR board and ChiNext board have attracted many excellent companies. The entire Chinese financial system founded in 1990 is still in its infancy. It will grow better with more influence and will grow with China's comprehensive power, he said.

Railway departments said Sunday afternoon that they had adopted measures limiting the speeds of some intercity trains between Beijing and Tianjin, while also canceling a number of services due to strong winds and significant rainfall.

Recession risk was listed at the top concern in the United States, China and Europe. In Japan, fear of a recession ranked second behind a tight labor market. In Latin America, recession jitters ranked behind uncertainty about global trade.

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Reduced cargo flights have resulted in the cost of such services rising two to three times higher than last year's rates, while transit times have lengthened, she added.

Raman will relocate from Seattle to Chicago as part of the appointment. Tricia Duryee at All Things D?reports that Raman is the first big-name hire at Groupon since the company restated fourth quarter earnings. The stock has lost nearly a third of its value in the past month.

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Referring to the railway project, he said: "Once the railway opens, it will be the first line connecting China and Nepal and will facilitate people-to-people exchanges at all levels."