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Hongqi's sales exceeded 100,000 vehicles last year. The company has set sales targets of 200,000 cars this year and 600,000 in 2025.

However, Yang said despite sound growth, China's economic structural adjustment and supply-side structural reform remain an unfinished task and "a challenging process."

Hosted by the Ministry of Commerce, the annual Expo Central China aims to build a platform for global investment and trade exchange, and get the nation's central regions more involved in international trade.

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Hospital President Li Weimin said that through the initiative, the team want to share the experience and knowledge it has accumulated during the pandemic, and to support Chinese citizens, especially students in the UK.

Hong Xiao in New York and Reuters contributed to this story.

How much does it cost to bulk up and compete with the likes of Groupon in the daily deals market??Amazon.com’s annual Form 10-K filing, made public this morning, reveals detailed financial information about LivingSocial, the privately-held Washington, D.C.-based company in which Amazon is an investor.

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However, Senate Republicans quickly expressed opposition to the stopgap funding bill introduced by House Democrats, as it does not contain a provision to provide aid for farmers impacted by the pandemic.

However, as this new sector continues to grow, the increasingly profitable business is still largely misunderstood.

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Hours after Saturday's announcement, the Elysee said in a statement that French President Emmanuel Macron welcomed the new agreement.

However, Neil Wang, president of consulting firm Frost & Sullivan in China, struck a note of caution. "The online education sector faces some challenges. It's hard to supervise and guarantee teaching quality as the quality of online teachers varies. Besides, students may not focus their attention during the learning process."