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Automatic equipment and industrial robots can replace workers in risky and difficult parts of projects to improve quality and lower risks, such as construction in deep water or towering buildings, he said.

Authorities have stepped in to regulate the market by formulating an industry standard and branding the Zhangqiu iron wok. The district's market supervision bureau said on Tuesday that an industry association should be established.

BANGKOK -- The Regional Comprehensive Economic Partnership (RCEP) trade agreement means a big opportunity for Thailand, leading trade and investment into the country, a Thai expert has said.

BEIJING - A leading Chinese Internet finance guild has warned domestic investors about risks in trading overseas "initial coin offerings" (ICOs) and virtual currency transactions.

BEIJING - Bank of Communications, China's fifth-largest lender, reported slightly higher net profits in the first quarter this year on the back of its business restructuring.