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China and Panama are natural cooperative partners for the joint building of the Belt and Road, and the two nations should step up their alignment in development strategies to better benefit the two peoples, President Xi Jinping said.

China Construction Bank Corp, the second largest State-owned commercial lender in terms of assets, has been using financial technologies to help small businesses obtain loans more easily, while it is stepping up efforts to control lending risks effectively, said CCB executives.

China accounted for about one-fifth of Amorepacific's 6.78 trillion won (.84 billion) revenue last year, and a lion's share of its overseas sales outside of home turf. The shifting needs and preferences of local digital-savvy consumers found reflection in their product research and purchases done online.

China Railway Construction Corporation will spend 10 billion yuan (.5 billion) building an industrial park to manufacture the line and other equipment.

China adopted a new package of supportive policies to facilitate development of small and medium-sized enterprises, focusing on leveraging monetary tools and encouraging qualified firms to go public, according to a document jointly issued by a group of central ministries and departments on Friday.