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Sprott said he was surprised the Toronto convention — which is often hailed as the mining sector's premier event — wasn't canceled amid growing concerns about the coronavirus.

State Sen. Michael Gianaris

Statistics show the event has facilitated more than 3,000 B2B matchmaking projects and reached over 300 cooperative intentions, with the participation of more than 100 innovative companies from both sides.

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Stephen Roach, a senior fellow at Yale University and former chairman of Morgan Stanley Asia, told Xinhua that the S&P ratings cut is a belated recognition of a serious problem that China has already begun to address.

Stating that peace and security cooperation is the second priority area, the foreign minister said that China has been helping Africa to enhance their own security and peacekeeping capabilities, supporting Africans in Africa to solve the African problem.

Stable economic development will help China well manage the potential capital outflow caused by external factors, including the ongoing interest rate hike by the Fed and the China-US trade row, according to Wang.

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Stephan W?llenstein, CEO of Volkswagen Group China, said sales in both high-end and basic models showed significant recovery, with SUVs in particular generating a sales increase of 9.3 percent in comparison to the same period last year.

Stalls have been set up in her base to showcase specialties from some of the 19 cities, districts and counties, including edible fungi.

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Stephen A. Orlins, president of the National Committee on US-China Relations, said, "Bilateral investment is a cultural as well as economic bridge between countries because it makes commerce a platform for the exchange of ideas."

Steady capital support