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Investment from China is helping Indiana to retain and expand the state's manufacturing industry.

Investment in high-tech manufacturing surged 12 percent, while investment in high-tech services grew 14.9 percent, 7.6 percentage points faster than the average growth in the service industry.

Investors paid close attention to several key data.

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Initially, the city offered 3,605 apartments for use, and those who qualify can apply for residence for a period of up to three years at most.

Initiatives such as this conference were a way to overcome this challenge, Nikolov said.

Inner Mongolia Yili Industrial Group Co Ltd, China's largest dairy maker, achieved sales revenue of 20.54 billion yuan (.88 billion) in the first quarter, down 10.98 percent year-on-year. During the period, its net profit reached 1.37 billion yuan, declining 37.27 percent year-on-year, its earnings report said.

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Inspiration hit us when: “Watching the blue light blank expressions on our kids in the basement bloom into wild eyed grins and shrieks of laughter when they ran across the backyard playing ball together. Mobile technology should build bridges to movement, creativity, and togetherness — and not result in ever-increasing solitary idle time.”

International and Chinese observers have welcomed China's aim to further open its economy to foreign partners and work together with the global community to take on issues such as poverty and pollution, as spelled out by Liu He in Davos on Wednesday.

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Internet-based business player Tencent on Tuesday also set up a subsidiary in the new area with a registered capital of 20 million yuan, according to Tianyancha, an enterprise data query system.

Investing in high-tech sectors is a major strategy for Evergrande Group to become a sustainable development enterprise, said Xu Jiayin, board chairperson of the Hong-Kong-listed company.