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The BFA is Asia's largest film academy and its graduates have dominated China's film production market.

The Belt and Road Green Development Conference was recently held for countries involved in the BRI to share their best practices of green development and boost global cooperation in green recovery.

The BRI has brought many opportunities to Australian businesses, including direct construction work, service provisions ranging from food, financial services and digital support, to HR, labor hires and education as well as Chinese investment — something Australia needs at this time, Brumby added.

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The CAICT predicted that 5G will drive 6.3 trillion yuan ( trillion) of economic output in China by 2030.

The Beijing Cyberspace Administration confirmed that the three departments will jointly summon Apple over the issues to urge the American firm to tighten up checks on software applications available in the Apple Store.

The Belt and Road Initiative is redefining China's outbound mergers and acquisitions, with some 450 acquisition deals in Western Europe during 2016 and 2017, and 300 in 74 countries and regions that were part of the initiative during the same period, the bank said in its report. The total value of the deals during the period reached 0 billion and billion respectively.

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The BMW i4 combines the carmaker's leading electric technologies and sporty performance. [Photo provided to China Daily]

The British booth draws visitors at an international education expo in Beijing. [Photo provided to China Daily]

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The CCFA's report concluded though that opportunities will rise during the epidemic. It suggests the benefits of the link between consumers and shopping centers online.

The CBRC also cut red tape for foreign banks, scrapping approval procedures for four items including overseas wealth management products and portfolio investment funds. Banks only need to report their services to authorities rather than obtaining approval in advance.