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The revised regulation will take effect on Dec. 1, 2020.

Another highlight of China-Singapore cooperation focuses on digital connectivity in a bid to boost the development of digital economy, which has become more pertinent than ever amidst the COVID-19 pandemic.

BEIJING, Oct. 3 (Xinhua) -- The 21st-century Maritime Silk Road proposed by China in 2013 benefits countries and people along the route and brings them peace and development opportunities, several experts have said recently.

Highlighting the importance of the principle of consultation and collaboration for shared benefits, he urged addressing global issues through consultation, building the governance system with joint efforts and enabling people from all countries to share the benefits of development.

Li stressed that China is still in a period of important strategic opportunity for development, urging strong confidence in the development and full preparation for various difficulties and challenges ahead.