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The e-mobility eco system also makes battery recycling a critical part of BMW's plan for full sustainability through its collaboration with Hunan Brunp Recycling Technology Co. Their recycling rate has reached 98.5 percent, well above the national standard of 95 percent, setting another standard in the country.

The emphasis on concerted monetary, fiscal and regional support for advanced manufacturing highlighted the industry's key role in China's economic transformation, said a research report by Shenwan Hongyuan Securities.

The drop was the sharpest since record keeping began in 1959.

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The epicenter was monitored at 23.68 degrees north latitude and 120.69 degrees east longitude.

The draft said the CSDC will use renminbi as the CDRs settlement currency, and carry out classification system to clearing.

The draft amendment was submitted to the NPC Standing Committee for its first review on Monday, arousing the attention of legal professionals.

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The donations will go to the people who have lost their jobs due to the economic disruptions.

The epidemic will also cause a sharp fall in cash deposits and withdrawals, the credit card business, and payments and settlements associated with hotels, restaurants, cinemas, malls, tourist attractions and public transport.

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The establishment of a hospital and social system that can quickly identify suspected patients has also proven pivotal in Shanghai's fight against the spread of the virus, Zhang said. He explained that this system involves having designated fever clinics for those who suffer from typical symptoms such as fever or difficulty breathing, and quarantining sick individuals and those they have come in close contact with for 14 days.

The ecosystem will encompass intellectual property creations, the production as well as distribution of high-quality films, according to a senior company executive.