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"Foreign companies are inclined to invest in China's high-end and consumer-oriented manufacturing and service business, as they are gradually moving low-end factories and heavily polluting businesses to other emerging markets," said Daniel Starta, managing director for China of the US-based consulting firm AT Kearney.

"For mainland-based companies seeking IPOs, they are likely to receive higher valuations on the STAR Market than on bourses outside the mainland, giving the board a big advantage," said Zhu Ning, deputy dean of the National Institute of Financial Research at Tsinghua University.

"For the first time in months, the United States and China are moving in the right direction on tariffs and we congratulate negotiators from both sides," David French, NRF senior vice president for government relations, said in a statement.

"Freedom Over Texas," Houston's annual Fourth of July celebration, will be held without public activities or public access due to the continued fast spread of the coronavirus.

"GE's clients own their final data. And it is technically feasible," said Duan, adding that the issue was actually an old one, as previous collaboration with Chinese customers in hardware products had touched off such debate and GE backed up its promise with real work.