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Li Jin, chief researcher of the China Enterprise Research Institute, said that not only the electricity and coal sectors saw the possibility for mergers, but also the thermal and nuclear power sectors were weighing their options.

Li Li, energy research director at ICIS China, a consulting company that provides analysis of China's energy market, said the spinoff of the natural gas pipeline operations and sales business of the oil and gas giants will help achieve a more nuanced natural gas sales organization and ensure market forces play a major role in the allocation of resources.

Less than four years after buying the well-known British store, which was founded in Glasgow in 1849, Nanjing Xinjiekou Department Store Co. is selling a 51 percent stake to tourism development company Wuji Wenhua.

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Li Guanghui, vice-president of the Chinese Academy of International Trade and Economic Cooperation in Beijing, said China's fast-growing 4G and 5G mobile telecommunication networks will provide a solid foundation for its manufacturers, going forward.

Lenders were bracing for the lack of bills at cash dispensers as customers are expected to withdraw cash as banks will remain closed until May 6.

Lewis said that he also learned a lot about transparency when working at Amazon. He described the well-known?tradition at Amazon meetings, where Powerpoints are replaced by thick stacks of Word documents that are read by employees before the start of each meeting.

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Lepur sales surged four times in one month, he said.

Li also hailed the long-term friendship between the two countries, saying that China is ready to boost political mutual trust and beneficial cooperation in the hope of forging ahead bilateral ties.

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Leveraging cutting-edge technology to build medical education programs, the New Jersey-headquartered group launched its first Johnson & Johnson Institute with virtual reality technology for the Asia-Pacific region in Beijing last year.

Less than a month ahead of Spring Festival, the most important family gathering festival in China, the island's aviation authority has decided not to approve 176 additional cross-Straits flights operated by China Eastern Airlines and Xiamen Airlines.