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Wang Junkai presents his collaborative collection with Swatch in Beijing, March 28, 2019. [Photo provided to chinadaily.com.cn]

Wang said that the British-Swedish pharmaceutical multinational will continue to invest in China by upgrading its Shanghai research and development operation to a global center this year. In addition to its headquarters in Shanghai, the firm will also establish regional head offices in Beijing, Guangzhou, Wuxi, Hangzhou and Chengdu.

Wang said he never regrets choosing to work in his island clinic.

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Wang recalled, "As part of my consular duties, I have visited California, Nevada, Oregon, Washington state and Alaska since being assigned to this post in August. Many Americans I have had the pleasure of talking with have expressed hope that the trade conflict could come quickly to an end and avoid further harm to US companies from tariffs."

Wang Xinzhe, chief economist with the Chinese Industry and Information Technology Ministry, says the digitalization of industry is a mirror to China's fast paced development in digital economy.

Wang said the Sino-Russian relationship have withstood various international and domestic challenges.

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Wang Shuguo, president of Xi'an Jiaotong University, delivered a keynote speech, where he pointed out the many opportunities and challenges of the China Western Science and Technology Innovation Port, which is being constructed in the Xi'an New Area in this capital city of Northwest China's Shaanxi province.

Wang Yi, chief strategy analyst with Shenzhen-based Great Wall Securities, agreed. "Companies with good financial performances and relatively certain growth prospects will continue their recovery, while those with worse fundamentals will probably see limited upward room," Wang said.

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Wang Shaofeng, chairman of CSCEC Egypt, said the successful bid of the consortium by the CSCEC and Wengfu Group broke the monopoly of European and American companies on such projects.

Wang Xiaowei, a researcher at the China University of Political Science and Law, said the US withdrawal is actually “in accordance with expectations” as it is a vital step for the US to realize its ambitious strategic intentions.