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He asked all attendees to pay attention to the legal training, learn how to use the law to protect their rights and keep the industry in order.

Having been in the local market for over 20 years, Lagardere Sports covers a wide range of sports genres, including football, basketball and golf. During the past two years, the company has completed more than 10 partnership projects, including sponsorship deals with leading Chinese brands, like Tsingtao Brewery Co Ltd and Oppo.

He admitted that the coronavirus outbreak severely impacted the world's second-largest economy, as China reported its first quarter GDP contracted by 6.8 percent from a year ago. Specifically, small- and medium-sized enterprises and some industries such as catering, accommodation and movies were hit badly by the coronavirus.

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Hayward Tyler and China's Shanghai Apollo Machinery joined hands last year to create new nuclear equipment, which they will use to bid for contracts at Hinkley, Bradwell and other international plants. "Opportunity to work with Chinese partners is now prompting British companies like us to reinvest into our nuclear capacity," McNamara said.

He also told the group that Trump won't retreat. "That pickup ain't got reverse in it," he said.

Having become the world's second-largest economy, China must rely on innovation to spur economic growth because the old resources-dependent way is no longer effective, Xi said.

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He also served as the CEO of the Key Worldwide Foundation (KWF), a nonprofit that he established as a purported charity, authorities said.

He added that the workforce in Southeast Asia is young, hard working and talented but relatively less experienced in deep technology and engineering.

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He also underlined the need for the two nations to intensify communication and coordination in international affairs in order to play a positive role in promoting regional peace, stability and development.

He added that private enterprises face many challenges in common, such as small scales of operation, allied to a lack of research investment and high-caliber personnel.