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China National Cereals, Oils and Foodstuffs Corp, the country's biggest food trader by revenue, will accelerate its pace of building warehouses and logistics facilities in the world's major grain-producing regions this year, said a senior executive on Wednesday.

China Shenhua, the country's largest coal miner, reported net profits of 45 billion yuan, up more than 98 percent from a year ago, citing high coal prices thanks to the capacity cuts.

China and Africa should always support each other, and that is an important part of building a community with a shared future for China and Africa, the Senegalese president said.

China and Bangladesh have already opened discussions to arrive at a free-trade agreement, under which Bangladesh would continue to export its duty- and quota-free goods to China, according to information from the Ministry of Commerce.

China Reinsurance and Taiping Insurance have established operations in London, and Lloyd's of London, the world's oldest insurance market, which started in 1686, established an insurance platform in Shanghai in 2007. The platform has since grown to include 33 syndicates, which are insurance companies working through the Lloyds platform.