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The Beijing Customs District under the General Administration of Customs of China will introduce customs surety insurance from Sept 1, as part of its ongoing efforts to lower costs for small and medium-sized enterprises and improve efficiency.

The Belt and Road Initiative proposed by China was called a "huge ambitious vision" by Jim Yong Kim, the president of the World Bank, who said China is stepping into a much larger leadership role.

The Bucket comes as Apple steps up efforts to encourage sales of iPhones during Chinese New Year, a major holiday and shopping period in the country.

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The Beijing Municipal Commission of Transport unveiled the management and supervision results of the city's bike-sharing industry in the first half of 2019 on Thursday.

The Beijing-based CMIF predicted that the production of China's machinery manufacturers will be fully recovered in the second quarter of this year and many of its member companies have already begun to produce equipment and vehicles such as negative pressure ambulances, disinfection robots and exhaust fans as part of the country's drive to fight the novel coronavirus outbreak.

The Bay Area has the potential to become an incubator for new technologies, and it's possible to incubate more "unicorn" companies with global competitiveness, especially in 5G development, he said.

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The CPC Central Commission for Discipline Inspection has issued a circular requiring that Party organizations across the country implement the instructions of Xi Jinping, general secretary of the CPC Central Committee and president, to better fight formalism and bureaucracy, according to a release on the commission's website on Tuesday.

The CSA, established in 2008 in the US, is a non-profit organization to formulate industry standard and provide qualification recognition for above 400 members around the world, such as Amazon, Microsoft, Huawei Technologies and Google.

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The Bank is also ready to continue the dialogue with China's financial community on cooperation in all areas of banking services, Ananich said.

The Belt and Road Forum for International Cooperation held in Beijing on Sunday and Monday is a perfect illustration of China's rising international status and also, Xi's growing influence.