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She and Prime Minister Justin Trudeau made the announcement at a press conference hours after US Commerce Secretary Wilbur Ross announced that US tariffs on steel and aluminum imports from the European Union, Canada and Mexico will take effect from Friday.

She said Hywin Financial Holding Group, Hywin Capital's parent company, has set up multiple overseas offices in order to introduce a variety of investment vehicles to Chinese investors and help them diversify their portfolio.

Shen said the government will support companies of all ownership types, along with foreign companies involved in joint ventures, when they participate in mixed-ownership reforms.

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She believed it's a good timing to up the scale in the gas station sector considering the growth in China's gasoline consumption as well as the increase in vehicle ownership across the country.

Shen, who is also vice chair of the Standing Committee of the National People's Congress, China's top legislature, said the federation will unify and lead the country's women to follow the Party and strive for the great success of socialism with Chinese characteristics for a new era.

She said it's "very timely and important" to tell the story of China Camp, which shows "respect and friendship across borders".

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She expects her ,000 order, her biggest in a long time, to arrive into the country in a fortnight.

She likes reading Chinese books like The Analects of Confucius, as well as the works of other modern Chinese writers like Lu Xun and Ba Jin.

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Shen Ye, managing director of China, Temasek, said the team will focus on new technology and sustainable growth, following the standards of environment, social and governance (ESG) investment.

She argued that it is necessary to get them involved through legislation as it would show the government's open and welcoming attitude to such assistance.