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Clients of foreign banks' domestic branches will be allowed to deposit at least 500,000 yuan (,000) into their accounts as time deposits per transaction, down from the 1 million yuan minimum stipulated in the current regulation, according to the draft amendment published by the China Banking and Insurance Regulatory Commission.

Clover said it is exploring development pathways for the S-Trimer vaccine to be made accessible to populations in China and globally, if it is proven to be safe and effective.

Chinese tech heavyweight ByteDance is in early discussions with Reliance Industries Limit to back TikTok's business in the country, in a move to potentially save the popular video app's fate in its biggest market overseas, according to media portal TechCrunch.

Chinese wines are becoming big sellers in the US, to the tune of about 0 million in 2016, thanks to wines produced on nearly 60,000 acres (242.8 million square meters) of vineyards in Northwest China's Ningxia Hui autonomous region. A delegation from Ningxia recently traveled to the US aiming to raise the number to a higher level in 2017.

Citing an example, Swantee says that Huawei's top-level executives including Hu Houkun, its rotating chairman, who deal with hundreds of other telecom operators across the world, are quick to step in and address quickly any problems that Sunrise encounters during its 5G rollout. "They are dedicated and responsive in making sure that we have a defect-free network."