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Wang said China would be willing to help facilitate efforts by the sides to reach out to each other in whatever form.

Wang added that with a combination of the fastest technology adoption and innovation, open economic policies, and a strong talent pool, Kenya makes an ideal hub from which to grow the realme brand in East Africa. In particular, Kenya is among the most dynamic and youth-centric markets in the world.

Wang added along with the enhancement of logistics and infrastructure, the consumption in these lower-tier cities will rise further. Moreover, the cost of logistics is also dropping due to the company's fast expansion into these cities, especially the grouping of a large number of third-party orders, he added.

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Wang made the remarks while addressing a keynote speech at a seminar on global situation and China's diplomacy held in Beijing.

Wang Junxun, an official with the Ministry of Agriculture and Rural affairs, said earlier that pork prices would continue to trend upwards, with hog prices likely to smash through the record high seen in 2016 in the fourth quarter.

Wang Lei, CEO of Ele.me, said the company would accelerate its digitalization plan with partners in the catering industry to provide a higher-quality and faster food delivery service, covering Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou and Tianjin.

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Wang said data collection and algorithm verification are still on, so the launch of robo-advisor products will be determined by market conditions.

Wang Jiyue, an independent investment banking analyst, said that the adequate liquidity of the A-share market at present will facilitate the listing of Ant Group. But one single market may not suffice Ant Group's large-sized financing. Therefore, it is much safer to seek concurrent listings in Shanghai and Hong Kong, he said.

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Wang Yihua, director of Alibaba's security department, said the data collected from the background of the app could also help the police to find sources of fraud.

Wang hoped that through the mechanism, there will be regular and well-structured communication and that CAI will be able to hold several trainings and professional seminars both in Africa and Beijing.