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The company is actively cooperating with counterparts from countries and regions participating in the Belt and Road Initiative through using low-cost oil and gas resources in the Middle East, expanding overseas raw materials and markets for products, as well as outputting advanced manufacturing capacity.

The company will invest 80 billion yuan (.9 billion) in semiconductor display, AI, big data and intelligent manufacturing in the next three years, Li said in an earlier interview.

The company now focuses on three areas: nutrition and health, climate and energy, and resources and circularity. These areas are all very relevant for the China market.

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The company will roll out a branch in West London's Westfield shopping center in March, and then plans stores in Japan, France, the United States and the Middle East as part of a 600 million pound (2.5 million) international expansion.

The company will remain determined in walking down the path of technological self-reliance, concentrating on key research and development projects and increasing resource investment to contribute to high-quality economic growth, he added.

The complex is being developed by Brookfield, which recently developed Amazon’s new European headquarters in London.

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The company violated China's laws and regulations on drug management and production supervision in producing a human rabies vaccine, including blending different batches of vaccine fluid, falsifying dates of production and using expired fluid to produce some of the batches, according to administrative penalty decision made by national and local drug authorities.

The company said the move reflects the international standard of its joint venture products and represents a new milestone in Volkswagen AG's relationship with its two longstanding Chinese partners.

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The company’s worldwide employment has skyrocketed in recent years, approaching 125,000 employees as of the end of the first quarter.

The company said almost all production capacity in China has resumed normal production and supply to the market.