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The initiative is an accelerator of business between Africa and China and will also promote Chinese investments in Africa, said the CEO.

The initiatives included supporting trade liberalization, opposing protectionism and unilateralism, expanding mutual and innovative investment partnerships, further connecting investment and trade, as well as using investment to increase trade.

The injured man has been shifted to a nearby hospital, while the investigation regarding the van driver and smuggled oil is being made.

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The hotel opened in late March this year, taking about three months to prepare for the opening, a record short time for the Hilton Group, according to Larry Gao, general manager of the Hilton Nyingchi Resort.

The individual income tax was the third major contributor to China's total tax revenue, following value-added tax and enterprise income tax. In 2017, China collected individual income taxes worth nearly 1.2 trillion yuan, about 8.3 percent of the total tax revenue.

The initiative, which will start with high school textbooks, has the support of major textbook publishers including Pearson, McGraw Hill and Houghton Mifflin Harcourt. Textbooks will be .99 or less. Apple says the books will belong to the students, allowing them to receive ongoing updates when they’re updated by the author or publisher.

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The improved profitability in April was mainly bolstered by higher industrial output and sales, rebounding factory inflation, improving profit margins in sectors such as steel, chemical and auto, and a low comparison base in the same month of last year, He Ping, a senior official of the NBS, said in a statement.

The illness meant Zhang was unable to find a job, and her husband's working options were limited because he always had to be on hand in case her illness overwhelmed her. As a result, the family fell into poverty.

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The industrial giant also announced it had reached a settlement with the US Department of Justice regarding its former subprime-mortgage business for .5 billion, a figure that matches the amount the company set aside for liability in the probe last April.

The incentive would reduce their tax outgo, boost their net profit, and encourage them to invest in tech startups.