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Liu said that individual countries cannot on their own effectively address the challenges presented by the interconnected nature of the global economy.

Liu said the raw milk is cold-chain transported and is processed within seven hours in a factory in the city of Mudanjing to guarantee its quality.

Liu Bo, vice-president of Oppo, said at its developer conference on Thursday that the move aims to better tap the opportunities of IoT for a new growth engine.

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Liu also talked about the denuclearization of the Korean Peninsula, even though not formally listed on the council's July agenda.

Liu Feng, chief economist of China Galaxy Securities, believes that China still has enough room to use the interest rate as a monetary policy tool. "Yields of yuan-denominated assets are still more attractive for overseas investors when compared with US, European or Japanese bonds, yields of which are approaching negative rates."

Liu said China will continue cooperating with Africa through the BRI and help the continent integrate into the global value and industrial chain. "Africa is an indispensable part of the international cooperation under the BRI," he said.

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Liu is a member of the Political Bureau of the Communist Party of China Central Committee and chief of the Chinese side of the China-US comprehensive economic dialogue.

Liu Bo, vice-president of Oppo, said 80 percent of the company's plants have restored production, which means that in fact more than 80 percent of its supplies have restarted work.

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Liu Peng, a food industry analyst from TF Securities, said the overseas mapping of Chinese dairy companies is to create an ecosystem by integrating resources all over the world.

Lin Zhijie, an aviation industry analyst and columnist at Carnoc.com, one of China's largest civil aviation web portals, said the successful maiden flight of the C919 proved COMAC's capability in designing and assembling narrow-body commercial aircraft in line with international standards.