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Their video clip has become an overnight online sensation, and has been viewed about 60 million times on micro-blogging platform Sina Weibo.

There are several governmental programs focused on building roads in rural areas. Some projects are fully funded by the government, while others also require villagers to raise funding.

There are also 42 local experience stores in the pipeline, which will enable European consumers to have wider access to Huawei's smartphones, smartwatches, and other internet-of-things products, Ji said in a keynote speech to the IFA 2020 Special Edition consumer tech fair in Berlin, Germany, on Thursday.

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There are more difficulties in promoting social and economic development this year, the circular said, noting that the country faces mounting risks and challenges, as well as the impact brought by the COVID-19 epidemic.

There are an estimated 2,000 to 5,000 cash loan companies in the market, of which only dozens are licensed, Xinhua-run Economic Information Daily reported.

The world now depends on China and the EU for leadership to address a host of global challenges when the US has not only quit its global leadership role, but has also often become a disruptive force.

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Their disappointment is understandable given the fast growth of the Chinese economy in recent decades, meaning many rich Chinese have expectations of higher investment returns. In particular, younger entrepreneurs willing to take risks may take longer to realize the need to allocate some assets to more mature overseas economies.

The world's second-largest economy enacted the first phase of its budget reform in 1994 with the debut of the nation's first budget law. It had two major goals: raising overall fiscal revenues and reallocating revenues through a "tax-sharing system" between the local and central governments, analysts said.

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Then, several years ago, the family members were relocated to a new home in Zayu county of the city of Nyingchi, where they bought a car.

The world's development depends on a global system and more globalization is needed, although it is in a difficult phase because of the possible trade war. Some countries are against globalization, but we have to support a more globalized community for cooperation, he added.