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The ADB predicts that China's sharp contraction in the first quarter will pull down growth to 2.3 percent this year, but the nation will recover some of the losses by rebounding to 7.3 percent in 2021. Last week, the International Monetary Fund forecasted 1.2 percent growth for China and zero growth for Asia in 2020.

The 50-year-old Guo, the controlling shareholder in Beijing Zenith Holdings and Beijing Pangu Investment, was listed by Hurun wealth report as the 74th richest Chinese in 2014 with 15.5 billion yuan in personal assets.

The A-share market will be mainly driven by the recovery in trading. Therefore, investors can focus on discretionary consumption and manufacturing industry such as new energy vehicles in the subsequent months, they said.

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The 52 were chosen from more than 1,000 who took part in national competitions from last July to April this year, he said.

The ADB, based in Manila, the Philippines, currently comprises 67 members, including 48 from within Asia and the Pacific and 19 outside.

The 7th meeting of the Azerbaijan-China Intergovernmental Trade and Economic Cooperation Commission has been held in the city of Beijing.

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The 53-year-old retired civil servant said his condition has improved significantly since the operation and he now only needs two dialysis sessions a week, down from three.

The 33-year-old IT worker and his family returned from the Philippines to Beijing on a flight that was scheduled to land on Sunday night. But low visibility due to fog and rain forced the aircraft to land at Shanghai instead.

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The 737 MAX 8 produced for Southwest Airlines is pictured in Renton, Washington, US March 13, 2018. [Photo/VCG]

The AliNPU chip has potential for use in autonomous driving, smart cities and smart logistics. The goal is to build a robust, cloud-based IoT infrastructure, providing computational power for the company's data centers, as well as advancing IoT businesses ranging from smart homes to smart logistics.