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The company has also promised to pay 100,000 reals as compensation to each victim's family.

The company estimated 5G networks will be put into commercial use in 2019 and go into large deployment in 2020. A number of markets, including the United States, Japan, South Korea and China, will make the first moves.

The commission will push for broader and deeper opening up in the financial sector on the condition that financial security can be assured. It supports the active participation of foreign investment in China's financial market, and encourages Chinese and foreign financial institutions to enhance cooperation in areas including products, management and personnel training, he said.

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The company believes that new investment is needed to improve its sales and marketing strategies to meet growing demand in Asia.

The common theme they signify is that for Pan, quality means a lot, be it educating farmers on how to care for cattle in a way that they produce top-quality milk, or associating with leaders of companies known for making quality products.

The collection launches with more than 100 items, many of which customers may recognize from “Shark Tank,” the reality show Cuban appears on. The Dallas Mavericks owner?doesn’t stray far from the sport he loves, as The Dirty Dunk over-the-door basketball hoop laundry hamper is featured, along with shirts from a number of NBA and college sports teams.

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The company has established research and design centers in Germany, the United States, and China. It has registered 581 patents and more than 116 invention patents.

The comments came after the authority started an investigation in May on possible price-fixing behavior by South Korea's Samsung, SK Hynix, and US-based Micron over the last few years.

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The company also saw huge development opportunities in medical equipment under the guidance of the Healthy China 2030 Initiative, which aims to boost the healthcare services market to reach 16 trillion yuan (.3 trillion) by 2030.

The cluster represents an ecosystem of sorts, covering areas like breeding, processing, cooking, selling and tourism. Pengze is now Jiangxi's largest producer of crayfish and crabs. Last year, its crayfish breeding area reached 8,000 hectares and output was 15,000 metric tons valued at 600 million yuan. The county aims to expand its crayfish breeding area to nearly 10,666 hectares by the end of this year.