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While it is certainly true that China's export-driven growth has slowed in relative terms in recent years, it continues to enjoy massive surpluses, and China's economic growth and dynamism continue to dwarf those of other major Asian nations.

While over one billion people have lifted themselves out of poverty over the past 25 years, much of this progress was in East Asia, where the poverty rate fell from 52 percent in 1990 to less than one percent in 2015. More recently, South Asia has made impressive inroads against extreme poverty.

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While some enterprises have failed to guard against monopoly risks, it doesn't necessarily mean that similar mergers and acquisitions would be banned in a one-size-fits-all approach, Hu said. But he also warned of internet giants expanding or securing market leadership in less obvious ways.

While old indices will remain, the new gauge will "provide a new perspective to monitor the macro economy, and enrich and improve the current PMI system," the NBS said, adding that it has undertaken more than two years of research and testing.

While there have been some observers concerned about a possible capital retreat because of trade tensions with the United States, China has maintained a key position in FDI in the view of global investors, said Wang Yu, global partner of Kearney, the US-based management consulting firm.

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While meeting with representatives of the Asian Political Parties Silk Road Conference in October 2015, Xi said dialogue between the CPC and other political parties in Asia will boost cooperation on building the Belt and Road Initiative and benefit all people in particapting nations along its routes.

While the COVID-19 pandemic has made for a challenging 2020, with careful planning and deft execution, the luxury goods sector can successfully weather the crisis and emerge even stronger, the consultancy said.

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While the notice didn't say why market access was denied, Wang said, the reasons are most likely associated with low effectiveness or excessive levels of contaminants in the drugs.

While checking the implementation of air pollution controls by local governments and assessing emission monitoring equipment at businesses, the inspectors also closed small plants that were responsible for high levels of emissions in 28 major cities in the Beijing-Tianjin-Hebei cluster.