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The Chinese economy is poised for more vigorous growth after gathering new strength through upgrades in traditional industries and accelerating the growth of high-tech industries and emerging sectors.

The China Securities Regulatory Commission, the country's top securities watchdog, is scheduled to hold its annual work conference this month. The CSRC is expected to lay out its work priorities and reform objectives at the meeting.

The China Securities Regulatory Commission condemned Luckin Coffee's financial fraud on its official website on Friday.The country's top securities regulator vowed to resolutely crack down on securities fraud and protect investors' interests, according to the announcement.Listed companies should strictly obey the laws and regulations to disclose information in a true, accurate and complete manner.No matter where the company was listed, CSRC would investigate and crack down on fraudulent securities behaviors based on the law and international securities supervision cooperation arrangements, CSRC said. Luckin Coffee announced on Thursday that it had about 2.2 billion yuan (0 million) in fabricated transactions.The aggregated sales amount associated with the fabricated transactions was from the second quarter to the fourth quarter of 2019, according to an internal investigation.The figure has not been independently verified and is subject to change as the internal investigation proceeds.Certain costs and expenses were also substantially inflated by fabricated transactions during this period, the announcement said.The shares of Luckin collapsed as much as 81 percent on Thursday, the most within one day since its IPO on the Nasdaq Stock Market last May.The US-listed company Luckin Coffee, issuing securities via overseas regulators, registered in the Cayman Islands in June 2017.

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The Chinese government speaks highly of the Panamanian government's subscribing to and adhering to the one-China principle as well as establishing diplomatic relations with China, Vice-President Li Yuanchao told Isabel Saint Malo de Alvarado, Panama's vice-president and foreign minister, on Tuesday in Beijing.

The China-Japan-South Korea Industries Expo commenced Friday in Weifang, Shangdong province, aiming to provide an international platform for trade, science and technology, and culture and tourism partnerships.

The China-Laos railway has a total length of 414.332 km with over 62.7 percent of bridges and tunnels, linking Mohan-Boten border gate in northern Laos and capital Vientiane. Operating speed on the route is designed at 160 km per hour. Construction of the project is scheduled for five years with investment of some 40 billion Chinese yuan (.8 billion), 70 percent of which comes from Chinese investment and the rest 30 percent from Lao side.

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The Chengde municipal relics bureau is communicating with Xing's team on how to protect the dinosaur footprint site and use it for the purposes of tourism and science education.

The Chinese company has completed the first stage of the dredging project three months ahead of schedule at the Black Sea port of Yuzhny in Ukraine's southern Odessa region.

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The China Internet Integrity Conference will focus on improving the building of the country's social credit system and preventing dishonesty in cyberspace when it is held in Xi'an, Shaanxi province, on Dec 2, the nation's top internet regulator said on Thursday.

The Chinese mainland introduced 31 preferential policies for Taiwan in February to enhance economic and cultural exchanges and cooperation across the Taiwan Straits and to improve livelihoods for people in Taiwan.