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Cooperation is on the rise between Chinese enterprises and American enterprises in implementing projects in a third country, not in China or the US, but in Africa, for example.

Countries have become so close and deeply related that when lives are facing challenges during the COVID-19 pandemic, the only choice for the world is to jointly fight against it, said Yu.

Created six years ago in Singapore by mixer brand East Imperial, the festival has grown to be one of the most anticipated annual carnivals for gin lovers across Asia, having expanded to cities like Hong Kong, Kuala Lumper, Beijing and Shenzhen. The Gin Jubilee also offers programs ranging from master classes, sipping events and creativity competitions.

Container area at the Yangshan Deepwater Port, part of the Shanghai Free Trade Zone. [Photo/ Agencies]

Core regulatory indicators show that the overall risks of banks and insurers are still under control, and their operation still remains fairly good although the level of risks is higher at some small－and medium-sized financial institutions, said an official of China's top banking and insurance regulator on Monday.