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"Coupled with the Belt and Road Initiative, the Greater Bay Area development will ensure long-term prospects for Hong Kong's economy," she said, adding that through the two national policies, Hong Kong will enhance its role as a business bridge between the Chinese mainland and the rest of the world.

"Currently, financial risks are one of the most prominent and major type of risks in China … The country is still facing relatively huge pressure for a possible rebound in nonperforming loans, and the inventory of shadow banking activities is still fairly large, with frequent occurrence of law and regulatory violations," said Xiao Yuanqi, chief of the prudential regulation bureau of the China Banking Regulatory Commission, at a news conference on Friday.

"Companies all applaud such regulations, which save time and costs. The entire medical device industry in the Suzhou FTZ Area will thus be boosted," Sun said.

"China's corporate evolution, from being a home for low-cost manufacturing of parts and goods for multinationals such as Apple and Nike to being a producer of high-value products, is shaping mergers and acquisitions in the Belt and Road region," said Boehm.

"Congress has expressly authorized the death penalty through legislation adopted by the people's representatives in both houses of Congress and signed by the President," Attorney General William Barr said in a statement.