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As the number of global cases of the novel coronavirus rose above the 9 million mark, and infections continue to rise in other parts of the United States, New York City entered "phase two" of its reopening, which means residents can finally get haircuts, shop for nonessentials, return to offices and dine outdoors for the first time in more than 100 days.

As the Chinese government continues to encourage investors to venture overseas, African nations are wooing entrepreneurs to set up manufacturing bases in their countries.

As spending by the healthcare industry rises, dental objects and medical support objects will become the fourth-and fifth-largest use cases in 2022.

As the US trade war adds more uncertainties to global economic recovery, a major rally in commodity prices is unlikely in the near future, lessening inflationary pressure, the official said.

As the main driver of China's economic growth, consumption also picked up its growth momentum compared to the previous two months, contributing 65.1 percent to Q1 economic growth. Online retail sales and consumption in rural areas were robust. With tax cut measures to take effect in the following months, further consumption potential is to be unleashed.