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The company will take advantage of its technologies and facilities to get actively involved in local power projects, Shu said during the high-level dialogue between Chinese and African leaders and business representatives held in Beijing.

The company’s modular units, called Bloks,?aim to cut 30 to 50 percent off build time, and save developers approximately 10 percent on costs. Bloks?are available in lengths from 18 feet to 38 feet and customers can add basic and premium kitchens and bathrooms as well as modular deck, stair, railing, and window systems. After being manufactured in Vancouver, Bloks are trucked to the construction site where they are craned onto the foundation, connected utilities, and stacked up to five stories high.

The company was ranked 174th with 87 billion yuan in revenue last year in the latest Top 500 Chinese Enterprises list, unveiled on Sunday by China Enterprise Confederation and China Enterprise Directors Association.

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The company, which aims to reach another 10 million patients in China by 2023, has invested more than 1,500 million yuan (5 million) in the past five years in research and development to support its new developments in China, said Costa Saroukos, CFO of Takeda, during a recent interview with China Daily in Shanghai.

The company’s new Alexa Voice Service (AVS) Integration for AWS IoT Core, as it’s known, reduces the minimum memory requirement for putting Alexa on a device to 1MB of RAM (from 100MB previously) and makes the functionality compatible with ARM Cortex “M” Class microcontrollers that run in extremely low-power devices. The integration previously required higher-level ARM Cortex “A” Class microprocessors.

The company, also known as China National Pharmaceutical Group Co, is currently leading one of its subsidiaries－China National Biotech Group Co Ltd－to work on blood plasma therapies to treat the novel coronavirus patients.

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The company said on Sunday it has not yet received any notification on changes to the projects, debunking rumors that all the contracts for projects in the new area became invalid after Saturday. The projects are still in the stage of planning and positioning, the company said in a regulatory filing.

The company's manufacturing base in China produces and exports glass. More such plants are likely to be set up in South America and elsewhere across the world in the years to come, according to senior company executives.

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The company said earlier that the evaluation well was tested to produce some 1,000 barrels of oil and 6.4 million cubic feet of natural gas per day, with the gas reservoir seeing a total thickness of 348 meters.

The company's total assets reached approximately 3.04 trillion yuan in the same period, an increase of 5 percent from the end of 2017, the company's statement said. Its embedded value has increased 4.8 percent from the end of 2017, reaching approximately 769.23 billion yuan.