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The controversy has opened an ideological fissure between East and West, with many in the US seeing the issue as a free speech one, including politicians in both major American political parties.

The country has worked to strengthen such cooperation under the Belt and Road Initiative according to the principle of extensive consultation, joint contribution and shared benefits and emphasized policy coordination, infrastructure connectivity, unimpeded trade, financial integration, and closer people-to-people ties, said the report issued by the State Council Information Office.

The corps comprised 175,500 demobilized soldiers when it was founded in 1954, but they were soon joined by civilian volunteers from all walks of life and across the country.

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The country will also improve the rules governing overseas listed Chinese firms and work with foreign regulators to strengthen the crackdown on cross-border securities violations, the China Securities Regulatory Commission said in a statement on Friday.

The country has the world's largest 4G network and is still striving for further expansion, with the goal of adding 450,000 new 4G base stations this year to improve signal coverage in buildings, elevators and other indoor spaces, as well as on railroads and expressways.

The country is also home to the second-largest number of so-called unicorn companies, next only to the US. Such companies have a market value over billion each and have been operating for over 10 years. About 20 percent of these Chinese companies have made technology breakthroughs while the remaining 80 percent have made innovations in business models, explained Hou Yankun, chief China strategist at UBS Investment Bank China.

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The coronavirus pandemic could permanently close 15,000 stores across the US, according to Coresight Research, which tracks retail industry trends. That would top the previous high for retail industry closures set last year, when more than 9,500 stores shut their doors.

The country will step up efforts to resolve major difficulties that constrain national development and security.

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The country also vowed to set up 10 demonstration zones to promote imports, with innovative regulatory systems and flexible trade models to be piloted at these zones.

The conference was held in Vienna on Sept 16 and will run until Sept 20.