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In response, Wu said that the BRI has been widely welcomed by the international community.

In such a situation, a combination of market-oriented and administrative approaches is sensible for further capacity reduction, the experts said.

In terms of risk management, equity investment is able to diffuse risks because its leverage effect means risks will not accumulate in several large scale projects, according to Yin.

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In some local governments, officials used to be selected or promoted merely because they had been in their posts during periods of rapid GDP growth, or because they had been working for the government for a long time.

In response to the suggestions, Liu said the CSRC has always paid close attention to voices from the market and takes suggestions seriously.

In recent years, Asahi Group has been selling several of its operations in China, including beer and other products, and has shifted its focus to Europe.

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In the 1970s, as China began re-engaging with the outside world following the "cultural revolution" (1966-76) and as it embarked on its process of reform and opening-up, Britain was quick to establish strong ties. In the spirit of cultural exchange, it was proposed that the England soccer team should visit China for a short tour in preparation for the 1978 World Cup in Argentina.

In that meeting, Lu said he hoped the two sides could deepen cooperation in areas such as high-speed railways, international logistics, electronic payments and mixed ownership reform－on the basis of consolidating the application of Alipay, information verification services and station navigation.

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In recent years, ISIS supporters have identified Malaysia, Singapore, the Philippines and Indonesia as their next strategic foothold, given the region's interconnectivity, large Muslim population and history of terrorist activities.

In response to the outbreak, the SAR government announced it would expand mandatory face mask regulations in all indoor public venues, public transportation terminals and transit areas.