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The BRICS summit is "significant" since it has become "a symbol of close South-South cooperation," he noted.

The CSRC has been toughening supervision and punishment of illegal market activities such as insider trading and stock manipulation after the market rout in 2015 shattered investor confidence.

The CNN report described the speed of COVID-19 spreading in the United States as "ferocious" as six months ago, "no one thought" the virus existed in the country.

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The British government is a supporter of the initiative. In December, the government agency UK Export Finance announced 25 billion pounds ( billion) of funding to support British companies' exports to Belt and Road projects.

The Belt and Road Forum for International Cooperation will be held in Beijing on Sunday and Monday. It will be the highest-profile international meeting on the Belt and Road since the initiative was introduced.

The Beijing-Zhangjiakou line has a designed speed of 350 kilometers per hour－it was tested at up to 385 km/h－and the feeder Chongli Railway line will reach 250 km/h, according to China Railway.

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The Beijing discipline inspection commission and supervisory commission have set up a team to look into the high-profile case, Xiao Sa, director of the office of the supervision body of the city's leading group for the prevention and control of the epidemic, said at a news conference held by the municipal government on Thursday.

The CCDI is leading a Central Anti-Corruption Coordination Group, which in 2014 launched Sky Net, a far-reaching campaign to snare economic fugitives abroad and confiscate ill-gotten gains.

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The CCDI said that as a senior inspector in the Party, Zhang had lost his ideals and beliefs, seriously violated Party expectations, and didn't cease his inappropriate behavior even after the 18th CPC National Congress in late 2012, when the new leadership took office.

The CDR allows investors to deal depositary receipts that carry shares of overseas registered Chinese companies on the A-share market.