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The move marks an accelerated push by China to commercialize 5G, a technology widely recognized as having strategic importance in fueling industrial upgrading and economic growth, analysts said.

The move allowed the People's Bank of China (PBOC), China's central bank, to fine-tune its liquidity provision at an operational level without interfering with the government's broad monetary direction, said the report.

The move came as various agencies within President Donald Trump's administration make efforts to ensure that the 2020 presidential elections are shielded against any foreign meddling.

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The move was to address the challenge of merging environmental and economic goals, according to the statement co-released by Chile's Ministry of Energy and China-led Global Energy Interconnection Development and Cooperation Organization (GEIDCO).

The national Intelligent Connected Vehicle (Shanghai) Pilot Zone was established in Shanghai's Jiading district in June 2016, providing testing services for 70 companies.

The nation has invested 800 billion yuan (0.6 billion) in flat-panel display production lines, with investment in liquid crystal display (LCD) panel production exceeding 500 billion yuan, according to the China Video Industry Association and China Optics and Optoelectronics Manufacturers Association.

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The model has gone through endurance tests of over 500,000 km in extreme environmental conditions to ensure its safety, especially in terms of battery performance and charging.

The move came after the Beijing-based tech giant opened its robotaxi service to the public in Cangzhou, Hebei province, in August, extending robotaxi coverage to the downtown area of a city for the first time in China.

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The motorway will have a positive social impact and promote economic development of Pakistan by stimulating the economic activities in the entire area along its alignment, said Abbasi, adding that the motorway will connect major cities and will ensure efficient and safe transportation of passengers and goods to and from big industrial and economic hubs of the country.

The momentum continues to build and scale in leaps and bounds.