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The co-location plan addresses new issues that have come up in the implementation of the "one country, two systems" policy, and endorsement by the Standing Committee of the National People's Congress would give the plan binding force, Zhang Xiaoming, director of the Hong Kong and Macao Affairs Office of the State Council, said during an explanation to the legislators on Friday.

The company attaches great importance to technology and innovation, as reflected in the headcount of 20,000 employees performing such operations. It has filed 22,000 patent application globally, 14,000 of which were approved by the end of 2017.

The company exploded with growth during the first quarter — expanding its entire employee base by 4,200 people, or 12 percent, in just three months, bringing its total to 37,900 employees. That’s up a massive 45 percent from 26,100 employees a year ago.

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The cold chain transportation line between Qingdao, Shandong province and Southeast Asia is established on May 3, 2020. [Photo/Sipa]

The company announced the pricing of its initial public offering of 20 million American depositary shares (ADSs), each representing four of its ordinary shares, at per ADS for total gross proceeds of 0 million.

The company also donated ,000 to Rochester, New York-based Monroe Community College for the development of its applied technologies center, which provides practical, hands-on trainingfor students entering industries such as HVAC and solar-thermal technology.

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The combined turnover of stocks covered by the two indices stood at 751.5 billion yuan (8 billion), expanding from 532.65 billion yuan the previous trading day.

The cold front will come from the northwest and chill northern parts of China, the middle and lower reaches of the Yangtze River, northwestern and southern regions as well as Yunnan and Guizhou provinces, causing temperature drops ranging from 4 to 10 degrees from Feb 20 to Feb 22, the National Meteorological Center (NMC) said.

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The company has taken measures to protect the health of employees and supported partners in the supply chain to overcome difficult production challenges.

The company has been steadily adding Prime benefits beyond the core offering of free two-day shipping. Amazon CEO Jeff Bezos said last year that the company’s goal “is to make sure that if you are not a Prime member, you are being irresponsible.”