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Further opening-up of China's financial sector will particularly benefit foreign asset managers, life insurers and securities brokerages, for some of the skills they have in these niche markets are not yet mastered by their Chinese counterparts, said Nicholas Zhu, vice-president and senior credit officer at Moody's Investors Service.

Gao Feng, a spokesman with the Ministry of Commerce, said at a recent news conference that the country opposed the abuse of trade measures such as anti-dumping duties.

GFCC-AFCA is one of the first cooperation committees established after the founding of the Asian Financial Cooperation Association in July 2017. It is the first Asian green finance cooperation platform initiated by China.

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Fully electric cars are expected to make up 12 percent of the global market in 2025, analysts at Bank of America Merrill Lynch forecast last year.

Fuhe Toll Station on the Daihuang Expressway in northern Wuhan, Hubei province, is closed, as the city has been put into lockdown because of the ongoing novel coronavirus pneumonia outbreak. [Photo by Yuan Zheng/For China Daily]

Further opening-up will be a major theme for the Chinese capital market this year, according to industry insiders.

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Fruit prices jumped by 24 percent in August over a year ago, contributing 0.39 percentage point of overall CPI increase.

Funding will be used to create an online and offline payment provider, which will "deliver mobile wallet solutions", and other related financial services, the companies said in a statement.

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GUANGZHOU - A procuratorate in South China's Guangdong province has approved the arrest of a suspect believed to be responsible for a fire that killed 18 people and injured five others.

Garden of Life, an organic and non-genetically modified nutrition supplement brand under Nestlé Health Science, is aiming to expand its presence in China through cross-border retailing.