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Besides, both Chinese and foreign-funded financial institutions will enjoy widened entry policies in investing in or setting up consumption financial companies.

Besides introducing models into its long-time joint ventures FAW-Volkswagen and SAIC Volkswagen, the German carmaker has built a joint venture dedicated to producing mass-market electric cars. Its first model will be a small sub-compact SUV, with larger ones to follow soon after.

Besides, the newly launched products are very creative and have utility value, he said.

Being cooped up for so long has made us even more glad we have computers, televisions and smartphones, and our increased comfort level at home is likely to linger in many ways, for good or bad.

Besides setting up a booth at CIIE, the Houston delegation will also hold three seminars to promote Houston as a viable business partner with Shanghai, Hangzhou and Zhuji. An extended visit with sister city Shenzhen will follow after CIIE.