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Starting at No 336 in 2013, BAIC has been named on the list for six consecutive years, improving 212 places. "(Climbing the ranks) is like mountain climbing," Xu said, "The further you go, the harder it becomes. … And our formulas for success are high-end products, new-energy vehicles, cooperation and BAIC employees."

Stephanie Brinley, auto analyst with IHS Markit, doesn't expect immediate changes in many of the JVs. "Initially, we expect existing partnerships would continue as they are, particularly the established and successful ones like GM's relationship with SAIC (Motor). To change the structures immediately has potential to create more disruption than benefit," she said in an email.

Starting in July, Kohl’s will begin accepting returns for items purchased on Amazon at all of its stores, more than 1,150 in total. The move marks a major expansion of a two-year-old partnership between the retailers. It started in 2017 with a pilot program at 10 stores and expanded to 100 stores a year later.

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StarTimes, which has presence in more than 20 countries in Africa, will, thereafter, broadcast excellent Chinese animated content every day, at primetime, on the StarTimes KungFu channel, according to an official statement.

Stating that China will always support Nepal in its development endeavors, the Chinese ambassador expressed hope that the friendship between the two countries will grow deeper in 2019 with cooperation in different sectors.

Stable food production and prices in China will contribute greatly to global food security, which has been challenged by the ongoing COVID-19 pandemic, a major body of the United Nations said.

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Standing (after dragon), from left: California Assembly member Phil Ting, state Senator Scott Wiener, Board of Equalization member Fiona Ma, Chinese Consul General in San Francisco Luo Linquan and state Assembly member David Chiu, join community members to celebrate the Year of Dog on Thursday in the state building in San Francisco. LIA ZHU / CHINA DAILY

Starting next month, China's massive reduction of value-added tax will take effect, with manufacturing sector VAT dropping by 3 percentage points from the current 16 percent, to lower burdens on enterprises and boost the real economy.

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State-mandated shutdowns have forced millions of American workers to stay home since mid-March, decimating parts of the economy.

Standard essential patents refer to patents that are indispensable for the implementation of a standardized technology. Any company that owns standard essential patents can request royalty payments from the entities that use them.