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He said the company has been producing in China for decades.

He said the development of new energy vehicles will create huge investment opportunities and enhance local high-tech growth. Xia suggests Hainan make foreign capital and social capital the main forces in Hainan's new energy market.

He stressed that conflict between China and the United States would be a disaster by each society and for the world at large. "As I said before, we do not have this choice."

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He said the goal of the plan, called "Test and Trace", is to move the city from the widespread transmission stage to the low-level transmission stage, which would allow for far less social distancing.

He urged enterprises that collect large amounts of personal data, including property management companies, telephone service providers, banks and some intermediary agencies and brokerage firms, to introduce effective and concrete measures to protect their clients' personal information.

He said: "More importantly, we are seeking further development and prosperity, bearing the sense of urgency."

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He said the Netherlands is willing to participate in the first China International Import Expo, which is slated to be held in Shanghai from Nov. 5 to 10 this year.

He said the reductions will lower companies' costs and increase demand for their products because they will be cheaper.

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He said the debt issuance can help internationalize the country's financial system, set a pricing benchmark for foreign-currency-denominated bonds, help international investors better understand the economy, and balance the structure of external debt.

He said the expo demonstrates China's policy to proactively open the market to the world.