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That can also be done through sponsorship of sports events.

Tesla cut the starting price of its Shanghai-made Model 3 sedans by 9 percent on Friday, from 355,800 yuan to 323,800 yuan, according to the website.

That also means an accelerated step by China Mobile to promote 5G smartphones, as the company previously noted in a white paper that its plan was to buy more than 10,000 5G smartphones and other terminals in July.

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That is due to Joe Biden's stunning performance on March 3, when he won 10 of the 14 states holding primaries.

Thailand has reported more than 300 coronavirus cases since January, but more than half were found this week alone, heightening fears of contracting the disease through physical contact.

Thanks to advances in logistics, transportation and cold-storage technology, hotpot is no longer a seasonal choice, but can be enjoyed throughout the year in China. Faster delivery services and more do-it-yourself options mean it is now being eaten more frequently.

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That central SOE signed deals with 13 companies including Guangdong Salt Industry Group and China Reform Holdings in September, to raise more than 3 billion yuan (8 million) to support the listing of China National Salt Industry Holdings Co, one of its units, on the stock market next year.

Terrence Curtin, CEO of TE Connectivity Ltd, took the company's helm in March 2017. [Photo provided to China Daily]

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Thanks to the government's introduction of a number of economic optimization initiatives, Chinese consumers are more confident than ever. Nielsen's China Consumer Trend Index posted a score of 114 in the third quarter, compared to 107 globally. Consumer confidence has translated to healthy consumption levels across the country.

Tetsuji Yamashita, president of the Chinese company of Toshiba Carrier, explained why they chose Hangzhou to accommodate the production base. He said the city has advanced logistics network and convenient transportation, and the universities in Hangzhou and its neighboring areas are prime sources of talents for the company's development.