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The company's overseas investment mainly focuses on countries and regions involved in the Belt and Road Initiative, Wen said.

The company's website has been closed since Thursday evening and a statement was seen on the front page, saying the company had problems in management and closed the website for rectification.

The company hasn't conducted related work yet, Huang Xiaofei, spokesperson for the company, told China Daily on Monday.

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The company settled about 5 million auto-related cases with the technology in the first half of 2017, it said.

The company is keen to support sports activities such as marathon races in countries and regions participating in the Belt and Road Initiative this year. It announced that it has become the official partner of the 2018 Jakarta Asian Games in May.

The company is looking to raise at least 10 million pounds (.9m) in its latest equity crowdfunding scheme, with a stretch goal of up to 50 million pounds (.9m) to further its global expansion. This includes the construction of a brewery in Australia.

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The completion of the subscription is subject to approvals by relevant regulatory authorities.

The company helps hospitals find critically needed medical supplies such as blood, oxygen and vaccines, delivering them on time and in usable condition. So far the company has saved almost 6,000 lives.

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The company's innovative US product lineup will help to defy the odds and herald its emergence as a global enterprise, said Yu Jun, president of GAC.

The company, which plans to invest 40 million yuan in research and development, will have a tax deduction of 10 million yuan in its corporate income tax, according to Lin.