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The company opened a new science research center in Shanghai earlier this month, demonstrating its continued confidence in the Chinese market.

The company's first shipment of 10,000 bottles of white tequila has made its way to the Chinese megacity of Shanghai, leaving the port of Manzanillo on the Mexican Pacific Coast in late August.

The company said it will spend billion or more — the predicted operating profit for its entire coming quarter — just on COVID-19-related expenses, such as personal protective equipment, cleaning facilities, higher wages for hourly teams and expanding its own COVID-19 testing capabilities.

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The company said the distribution deal would make China one of Loch Lomond Group's key export markets. COFCO has an extensive network of 700 retail outlets and more than 1,000 sub-distributors.

The company is innovating a number of products for the China market. For instance, it designed automotive lighting products that do not produce glare but help increase visibility on the road. This quality is suitable for road conditions in China.

The company's share price gained 0.24 percent to 12.69 yuan Friday.

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The company will conduct outdoor field tests in Hangzhou, Shanghai, Guangzhou, Suzhou and Wuhan, and is going to establish more than 100 5G base stations in each city, said Shang Bing, chairman of China Mobile, at the Mobile World Congress in Barcelona.

The competition is another example of Amazon crowdsourcing artificial intelligence on Alexa.?Alexa Voice Service?lets manufacturers integrate Alexa into their products. The?Alexa Skills Kit encourages third-party developers to build skills for Alexa. Developers who want to add to Alexa’s abilities can write code that works with Alexa in the cloud, letting the smart assistant do the heavy lifting of understanding and deciphering spoken commands.

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The complex benefits from deep integration with the adjacent CNOOC refineries. The expansion enables further monetization of advantaged feedstock from nearby CNOOC refineries, responding to the anticipated strong Chinese domestic demand in the long term.

The company hopes to establish 100-plus such dealerships by the end of this year, covering almost all provincial capitals and major cities in the country.