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The country imported 13.73 million tons of coal in October, down 46.6 percent year-on-year. In the first 10 months, coal imports dropped 8.3 percent year-on-year to 250 million tons.

The core part of the Padma Bridge over the Padma River in Bangladesh is being built by China Railway Major Bridge Engineering Group Co Ltd on Feb 21. [Photo/Xinhua]

The consortium's input has made a great impact, as Ecuador in general, and Manta in particular, are very grateful, Parrales said, "because without these contributions, Manta's airport could not have been realized".

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The cost of electric vehicle ownership will be higher than gasoline cars until 2025, according to analysts.

The coronavirus disease caught the world by surprise and has posed a major test of governance capacity to all governments across the world, Xi said.

The country is aiming to lead the world in the research and development of AI, as well as its application in the healthcare, manufacturing and finance sectors. In November, the central government said it would build four national AI open innovation platforms by relying on Alibaba Group Holding Ltd in smart city technologies, Baidu Inc in self-driving technologies, Tencent Holdings Ltd in AI-enabled medical treatments, and iFlytek Co Ltd in voice-recognition technologies.

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The construction is also supported by the governments of Guangdong province and its Shenzhen city and the costs will be paid by the mainland authorities, according to Wong.

The country has also launched various measures to enhance the efficiency of financing services, shortening the approval time from two to three months to five to seven working days, according to Zhu.

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The country is now holding important global events such as the Belt and Road Forum, and the BRICS (Brazil, Russia, India, China and South Africa) Summit, as well as last year's G20 meeting. This illustrates China's prominence on the world stage.

The councils will plan the future development of the institutions, approve budgets, draft regulations and be involved in other major issues. They will have more discretion to adjust positions and modify salaries to encourage excellent employees.