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"Considering the two accidents took place when newly delivered Boeing 737 Max 8s went down just minutes after taking off, they have some degree of similarity," the Civil Aviation Administration of China said in a statement on Monday.

"Citi China's FMDB license is a piece of welcoming news for many of our QFII and RQFII clients," said Harry Peng, managing director and head of prime, futures and securities services for Citi China. "We are in a unique position – as the only American bank who can offer a complete solution to international investors to invest into China, whether it's equity or fixed income, directly (QFII, RQFII and CIBM direct scheme) or via Hong Kong (Stock Connect and Bond Connect), end to end, from sales, trading, research to custody, clearing and settlement. We have the full licenses and capabilities in China on the ground."

"China's growth prospects, which stand out among major economies, relatively higher interest rate levels and the yuan's prospects for long-term stability are expected to amplify the country's allure to foreign investment in the next five to 10 years," Wang said on the sidelines of the annual conference of the China International Finance Society on Friday.

"Chinese customers tend to seek comfort in food because they generally know food can influence their emotion," the report said.

"China stands ready to work with Japan's new leader to continue to abide by the principles and spirit set in the four political documents between the two countries, deepen cooperation in fighting the COVID-19 pandemic as well as economic and social development, and promote the continuous improvement and development of China-Japan relations," said Wang.