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He said he hopes that the meeting's outcome will be fully discussed to benefit countries, parties and people.

He said bear markets can experience "sharp and violent counter moves to the upside" and cited the 2008 financial crisis created by the collapse of the subprime mortgage market.

He said he sees a little bit of young Miguel in his own life's story.

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He said Foton is committed to localization, by which they are committed to providing local customers with high value products.

He said that although the NEA had plans to add 15MW by April end, it could not happen due to the impact of the ongoing nationwide lockdown to prevent the spread of COVID-19 pandemic.

He referred to the target to reduce the non-tax burden for market players by more than 300 billion yuan by the end of the year.

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He pointed out some factors behind its success included China enjoying a high level of credibility among developing and growing countries. It also had very good and special ties with different international partners and its history lacked any negative implications with regards to imperialism or hegemony.

He said bilateral trade relations are mutually beneficial. The two sides should look at the problems and handle those problems based on the principle of mutual respect, equality and mutual benefit.

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He said startups must race to get established first, as seizing a leading position will prove crucial in the new round of competition in the automotive industry. "As you know, when traditional carmakers awaken, they will be really competitive," Niu added.

He said a number of internet-related reports will be issued this year, including the China Internet Development Report 2020, the World Internet Development Report 2020 and Wuzhen Outlook 2020.