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The third misconception is that China's business is all huge and State-owned. This misses the entrepreneurial and creative side of China's society. I had the chance to talk with many entrepreneurs who are taking advantage of a very good business environment and great infrastructure to build small and medium-sized enterprises.

The trade dispute with the US has also pushed Chinese manufacturers and service providers to expand their global presence via international industrial capacity cooperation, transit trade and other commercial activities at a faster pace, especially in economies participating in the Belt and Road Initiative, Yu said.

The top transport authority has urged Beijing-based Ofo, the cash-strapped bike-sharing platform, to refund customer deposits smoothly and quickly, but also called for the public to have more tolerance for the new industry.

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The torture of prisoners at Abu Ghraib and the illegal detention at Guantanamo are examples of how the US disregards international laws despite its constant preaching to other countries.

The three-day Inclusion Fintech Conference commenced on Thursday, hosted by Ant Group and overlooked by the municipal government of Shanghai.

The total value of imports and exports in the province reached 366.28 billion yuan (about .6 billion) in April, up 7.6 percent month on month, according to figures released by the Nanjing Customs Thursday.

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The teams, composed of personnels from disaster relief, fire control and work safety departments, will assist local efforts to prepare for possible disasters in the provinces of Liaoning, Jilin and Heilongjiang in Northeast China, and Shandong province in the east, the ministry said in a statement.

The testing is run by the state's health department and started with 3,000 samples this week based on random selection of the state's 19 million people, according to New York Governor Andrew Cuomo.

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The timing of the reform is also crucial. It has been launched when the country is battling the impact of the COVID-19 epidemic. Many businesses, especially smaller firms, are struggling with financial difficulties and capital shortages.

The tests will be conducted in the Itabashi, Toshima and Nerima wards until Saturday for about 1,000 randomly selected people aged 20 or older in each area. The results are expected around late June.