Nation aims to nurture trade, maintain supply
4 years, 4 months ago

Nation aims to nurture trade, maintain supply

China Daily  

China will do whatever is necessary to stabilize foreign trade and secure supply and industrial chains in the second half of this year amid a world business environment that remains complicated and challenging for companies, the country's top commerce official said. New foreign trade formats have emerged as growth points, and China will encourage companies to further expand cross-border e-commerce and facilitate trade based on market procurement, he said, adding that the country will be well prepared for the third China International Import Expo to be held in Shanghai later this year. Bigticket foreign investment projects have notably risen nationwide over the past few months, according to the ministry, especially in China's pilot free trade zones. Because the global economic downturn's effect on demand for goods and on supply and industrial chains has become clearer since June and will continue to do so up to December, it is practical for China to accelerate establishing a "dual-cycle" development pattern that takes the domestic market as the mainstay while domestic and foreign markets can boost each other, said Chen Bin, executive vice-president of Beijing-based China Machinery Industry Federation.

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History of this topic

Tailwinds favoring foreign trade enterprises
Trending News
1 week, 2 days ago

Tailwinds favoring foreign trade enterprises

China Daily  

Automated vehicles deliver cargo at Qingdao Port's fully automated terminal in Shandong province on Dec 3. ZHANG JINGANG/FOR CHINA DAILY China will ramp up financial support, cultivate new growth engines, and strengthen services for foreign trade enterprises in order to unlock momentum and foster resilience in the country's foreign trade sector — a critical pillar underpinning overall economic growth, officials …

Opening-up to spur foreign trade growth
1 week, 2 days ago

Opening-up to spur foreign trade growth

China Daily  

A container ship leaves Qingdao Port, Shandong province. China will continue to advance institutionalized opening-up, broaden market access for global businesses and advocate free trade agreements, fueling its economic growth and bolstering multilateralism in 2025, market observers and business executives said on Sunday. Noting that China gave the green light earlier this year for the establishment of wholly foreign-owned hospitals …

Opening-up to spur foreign trade growth
1 week, 2 days ago

Opening-up to spur foreign trade growth

China Daily  

China will continue to advance institutionalized opening-up, broaden market access for global businesses and advocate free trade agreements, fueling its economic growth and bolstering multilateralism in 2025, market observers and business executives said on Sunday. Noting that China gave the green light earlier this year for the establishment of wholly foreign-owned hospitals in selected cities, including Beijing and Shanghai, Liu …

China's foreign trade up 4.9% in first 11 months
2 weeks, 1 day ago

China's foreign trade up 4.9% in first 11 months

China Daily  

China's foreign trade expanded by 4.9 percent year-on-year to 39.79 trillion yuan in the January-November period of 2024, statistics from the General Administration of Customs showed on Tuesday. The country's exports rose 6.7 percent yearly to 23.04 trillion yuan, while its imports climbed 2.4 percent year-on-year to 16.75 trillion yuan during this period, customs data showed. The import and export …

China's foreign trade up 4.9% in first 11 months
2 weeks, 1 day ago

China's foreign trade up 4.9% in first 11 months

China Daily  

By Zhong Nan | chinadaily.com.cn | Updated: 2024-12-10 11:12 China's foreign trade expanded by 4.9 percent year-on-year to 39.79 trillion yuan in the January-November period of 2024, statistics from the General Administration of Customs showed on Tuesday. The country's exports rose 6.7 percent yearly to 23.04 trillion yuan, while its imports climbed 2.4 percent year-on-year to 16.75 trillion yuan during …

China's zero-tariff policy boon for least developed countries
2 weeks, 2 days ago

China's zero-tariff policy boon for least developed countries

China Daily  

An employee operates a touch panel in a workshop at a foreign-funded electronics manufacturing enterprise in Rongcheng, Shandong province, on Feb 23. "China's international fairs are really great platforms for African enterprises to find new opportunities, and purchasers usually consider our agricultural products to be good value for the money, thanks to China's zero-tariff treatment on most of them," said …

China strengthens policy support for foreign trade development
1 month ago

China strengthens policy support for foreign trade development

China Daily  

China strengthens policy support for foreign trade development Xinhua Updated: Nov 22, 2024 Ships get ready for their voyages in the foreign trade container terminal of Qingdao port in Shandong province. The country will also drive innovative development in green trade and border trade, attract and facilitate cross-border business travel, enhance maritime transport support for foreign trade, and strengthen employment …

Foreign trade poised for steady growth amid headwinds
Trending News
1 month, 2 weeks ago

Foreign trade poised for steady growth amid headwinds

China Daily  

China's foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers said on Thursday. China's foreign trade increased 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period, while its exports rose 6.7 …

Foreign trade poised for steady growth amid headwinds
Top News
1 month, 2 weeks ago

Foreign trade poised for steady growth amid headwinds

China Daily  

China's foreign trade in goods 2024. CHINA DAILY China's foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers said on Thursday. China's foreign trade increased 5.2 percent year-on-year to 36.02 trillion yuan in …

Foreign trade poised for steady growth amid headwinds
1 month, 2 weeks ago

Foreign trade poised for steady growth amid headwinds

China Daily  

China's foreign trade in goods 2024. CHINA DAILY China's foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers said on Thursday. China's foreign trade increased 5.2 percent year-on-year to 36.02 trillion yuan in …

Foreign trade poised for steady growth amid headwinds
1 month, 2 weeks ago

Foreign trade poised for steady growth amid headwinds

China Daily  

By Zhong Nan and Ouyang Shijia in Shanghai | China Daily | Updated: 2024-11-08 07:09 China's foreign trade in goods 2024. CHINA DAILY China's foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers …

China's foreign trade up 5.2% in Jan-Oct period
1 month, 2 weeks ago

China's foreign trade up 5.2% in Jan-Oct period

China Daily  

China's foreign trade up 5.2% in Jan-Oct period By Zhong Nan in Shanghai chinadaily.com.cn Updated: Nov 07, 2024 China's foreign trade expanded 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period of 2024, statistics from the General Administration of Customs showed on Thursday. Exports rose 6.7 percent yearly to 20.8 trillion yuan, while imports climbed 3.2 percent year-on-year …

China's door opening even wider to foreign visitors, businesses
1 month, 2 weeks ago

China's door opening even wider to foreign visitors, businesses

China Daily  

The skyline of Beijing. On top of the national level import-themed expo, China has recently unveiled a series of initiatives, including broadened visa-free policies and eased investment restrictions, to open its doors even wider to foreign visitors, investors and business doers. This year's CIIE, running on Nov 5-10 in China's commercial hub of Shanghai, brings together participants from 152 countries, …

China's door opening even wider to foreign visitors, businesses
1 month, 2 weeks ago

China's door opening even wider to foreign visitors, businesses

China Daily  

The skyline of Beijing. On top of the national level import-themed expo, China has recently unveiled a series of initiatives, including broadened visa-free policies and eased investment restrictions, to open its doors even wider to foreign visitors, investors and business doers. This year's CIIE, running on Nov 5-10 in China's commercial hub of Shanghai, brings together participants from 152 countries, …

China fully opens manufacturing sector to foreign investors in landmark opening up move
1 month, 3 weeks ago

China fully opens manufacturing sector to foreign investors in landmark opening up move

China Daily  

BEIJING -- China has removed all market access restrictions for foreign investors in the manufacturing sector, a landmark move made by the world's second-largest economy as it opens its doors wider. Another negative list applied in the country's free trade zones, which are pioneering pilots in opening up practices, achieved zero-restrictions on foreign investment in manufacturing in 2021. The new …

China fully opens manufacturing sector to foreign investors in landmark opening up move
1 month, 3 weeks ago

China fully opens manufacturing sector to foreign investors in landmark opening up move

China Daily  

BEIJING -- China has removed all market access restrictions for foreign investors in the manufacturing sector, a landmark move made by the world's second-largest economy as it opens its doors wider. Another negative list applied in the country's free trade zones, which are pioneering pilots in opening up practices, achieved zero-restrictions on foreign investment in manufacturing in 2021. The new …

China Unveils New Trade and Investment Policies to Attract Foreign Investors
1 month, 3 weeks ago

China Unveils New Trade and Investment Policies to Attract Foreign Investors

China Daily  

China announces policies to bolster foreign trade and investment, with the aim of promoting economic growth and attracting foreign investment. The country has issued a guideline to promote the experience in aligning some eligible free trade zones and the Hainan Free Trade Port with high-standard international economic and trade rules. This initiative is expected to contribute to the expansion of …

China's Foreign Trade Soars to Record High in First Three Quarters
2 months, 1 week ago

China's Foreign Trade Soars to Record High in First Three Quarters

China Daily  

China's foreign trade grew significantly in the first three quarters of 2024, with both exports and imports increasing. The country's exports surged 6.2 percent year-on-year to 18.62 trillion yuan, while imports rose 4.1 percent year-on-year to 13.71 trillion yuan. The country's foreign trade hit a record high in the first three quarters with each quarter exceeding 10 trillion yuan.

China's Foreign Trade Soars to Record High in First Three Quarters
2 months, 1 week ago

China's Foreign Trade Soars to Record High in First Three Quarters

China Daily  

China's foreign trade grew significantly in the first three quarters of 2024, with both exports and imports increasing. The country's exports reached 18.62 trillion yuan, up 6.2 percent year-on-year, while imports rose to 13.71 trillion yuan, up 4.1 percent. This growth is attributed to China's optimization of its exported products, with exports of high-tech equipment increasing by 40 percent year-on-year …

China's Foreign Trade Soars to Record High in First Three Quarters
2 months, 1 week ago

China's Foreign Trade Soars to Record High in First Three Quarters

China Daily  

China's foreign trade grew significantly in the first three quarters of 2024, with both exports and imports increasing. The country's exports surged 6.2 percent year-on-year to 18.62 trillion yuan, while imports rose 4.1 percent year-on-year to 13.71 trillion yuan. The country's foreign trade hit a record high in the first three quarters with each quarter exceeding 10 trillion yuan.

Trade, opening-up surging over years
2 months, 3 weeks ago

Trade, opening-up surging over years

China Daily  

In the early stages, foreign companies sent their managers, sales experts and engineers, along with product samples, to cities like Shanghai, Beijing and Guangzhou, Guangdong province to establish representative offices and test the viability of the Chinese market — particularly during the 1980s. With products manufactured in China being supplied to both domestic and international markets, foreign enterprises like France's …

Trade, opening-up surging over years
2 months, 3 weeks ago

Trade, opening-up surging over years

China Daily  

In the early stages, foreign companies sent their managers, sales experts and engineers, along with product samples, to cities like Shanghai, Beijing and Guangzhou, Guangdong province to establish representative offices and test the viability of the Chinese market — particularly during the 1980s. With products manufactured in China being supplied to both domestic and international markets, foreign enterprises like France's …

Pruning of negative list will boost high-level opening-up
3 months, 2 weeks ago

Pruning of negative list will boost high-level opening-up

China Daily  

The skyline of Beijing. China's latest negative list on foreign investment access, jointly released by the National Development and Reform Commission and the Ministry of Commerce on Sunday, has reduced the number of restrictive measures from 31 to 29. Amid the rising trend of anti-globalization sentiment, China's updating of its negative list demonstrates its commitment to cooperation with countries in …

Dongying bolsters foreign trade and investment to drive business growth
3 months, 3 weeks ago

Dongying bolsters foreign trade and investment to drive business growth

China Daily  

This year, Dongying in East China's Shandong province has bolstered its foundation in foreign trade and investment. This year, Dongying has leveraged export credit insurance policies to support 420 companies, facilitating foreign trade exports totaling more than $700 million. From January to July, the city’s foreign trade import and export volume reached 156.85 billion yuan, marking a 13.2% year-on-year increase. …

China taking steps to expand market access
4 months, 3 weeks ago

China taking steps to expand market access

China Daily  

Large ships under construction at a shipyard in Rongcheng, Shandong province. LI XINJUN/FOR CHINA DAILY China is taking significant steps to expand market access and encourage foreign investment across a wide range of industries such as finance, manufacturing and services, the Ministry of Commerce said on Friday. China is revising and will publish the regulations for strategic investments by foreign …

Policies to expand foreign trade will give competitiveness a boost
4 months, 3 weeks ago

Policies to expand foreign trade will give competitiveness a boost

China Daily  

Automated cranes deliver containers at Qinzhou Port in Qinzhou, South China's Guangxi Zhuang autonomous region, in February. As external demand and supportive policies improve, China's trade in goods reached a new high in the first half of 2024, with overall foreign trade exceeding 21 trillion yuan, and export growth in June of 10.7 percent year-on-year, exceeding all expectations. China's exports …

Nation to implement steps for foreign trade growth
4 months, 3 weeks ago

Nation to implement steps for foreign trade growth

China Daily  

Amid rising protectionism and geopolitical risks, China will implement a series of measures in the second half of the year to sustain and enhance its positive foreign trade trajectory, customs officials said on Tuesday. Despite facing challenges such as unilateralism and the disruption of global supply chains, Lyu said that supported by the advantages of a vast domestic market and …

India 'not rethinking' on issue of allowing Chinese investment as suggested by Economic survey: Piyush Goyal
4 months, 3 weeks ago

India 'not rethinking' on issue of allowing Chinese investment as suggested by Economic survey: Piyush Goyal

India TV News  

New Delhii: Commerce and Industry Minister Piyush Goyal said on Tuesday that there is no rethinking in the government to support foreign direct investments from China, as was pitched by the Economic Survey recently. India faces two choices to benefit from the 'China plus one strategy' -- it can integrate into China's supply chain or promote FDI from China. China …

Robust foreign trade to further drive economic growth, experts say
5 months ago

Robust foreign trade to further drive economic growth, experts say

China Daily  

Vehicles await loading to be transported at a terminal of Yantai Port in Shandong province on June 24. ZHU ZHENG/XINHUA China's supportive policies and ongoing quality upgrades in foreign trade are set to bolster economic growth throughout the year despite lingering external challenges, market watchers and business leaders said on Thursday. According to a communique released on Thursday after the …

Nation's opening to further intensify
5 months ago

Nation's opening to further intensify

China Daily  

A foreign tourist takes pictures of a child wearing traditional Chinese apparel in Changsha, Hunan province, on May 14. "We will turn China's vast market into a major opportunity for the world," he said, adding that Beijing will continue to make life more convenient for foreign travelers in terms of accommodation, medical services and payments. Mu Hong, deputy director of …

【双语财讯】专家：外贸提质将助推中国经济增长
5 months ago

【双语财讯】专家：外贸提质将助推中国经济增长

China Daily  

市场观察人士和企业界人士日前表示，尽管外部挑战仍然存在，但中国的支持性政策和外贸的持续提质将助推中国全年经济增长。 Vehicles await loading to be transported at a terminal of Yantai Port in Shandong province on June 24. ZHU ZHENG/XINHUA China's supportive policies and ongoing quality upgrades in foreign trade are set to bolster economic growth throughout the year despite lingering external challenges, market watchers and business leaders said on Thursday. 日前召开的中国共产党第二十届中央委员会第三次全体会议提出，要进一步深化改革和继续扩大开放，包括深化贸易领域的改革。 According to a communique released on Thursday …

【双语财讯】专家：外贸提质将助推中国经济增长
5 months ago

【双语财讯】专家：外贸提质将助推中国经济增长

China Daily  

市场观察人士和企业界人士日前表示，尽管外部挑战仍然存在，但中国的支持性政策和外贸的持续提质将助推中国全年经济增长。 Vehicles await loading to be transported at a terminal of Yantai Port in Shandong province on June 24. ZHU ZHENG/XINHUA China's supportive policies and ongoing quality upgrades in foreign trade are set to bolster economic growth throughout the year despite lingering external challenges, market watchers and business leaders said on Thursday. 日前召开的中国共产党第二十届中央委员会第三次全体会议提出，要进一步深化改革和继续扩大开放，包括深化贸易领域的改革。 According to a communique released on Thursday …

Foreign trade hits new high in first half
5 months, 1 week ago

Foreign trade hits new high in first half

China Daily  

MSC Irina, the world's largest container vessel, docks at Ningbo Zhoushan Port in Zhejiang province on April 2. JIANG XIAODONG/FOR CHINA DAILY China's total goods exports and imports reached a new high in the first half of the year despite challenges such as escalating trade protectionism and intensifying geopolitical tensions, signaling an encouraging improvement in demand both at home and …

Foreign trade hits new high in first half
5 months, 1 week ago

Foreign trade hits new high in first half

China Daily  

MSC Irina, the world's largest container vessel, docks at Ningbo Zhoushan Port in Zhejiang province on April 2. JIANG XIAODONG/FOR CHINA DAILY China's total goods exports and imports reached a new high in the first half of the year despite challenges such as escalating trade protectionism and intensifying geopolitical tensions, signaling an encouraging improvement in demand both at home and …

Nation vows to further deepen opening-up
5 months, 4 weeks ago

Nation vows to further deepen opening-up

China Daily  

An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY China will intensify efforts to further attract foreign investment, in order to drive the growth of the world's second-largest economy in the new development paradigm, according to an executive meeting of the State Council, the country's Cabinet, on Wednesday. The meeting, which was chaired …

Nation vows to further deepen opening-up
5 months, 4 weeks ago

Nation vows to further deepen opening-up

China Daily  

An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. China will intensify efforts to further attract foreign investment, in order to drive the growth of the world's second-largest economy in the new development paradigm, according to an executive meeting of the State Council, the country's Cabinet, on Wednesday. The meeting, which was chaired by Premier Li Qiang, …

Tai'an bolsters efforts to boost foreign trade growth of exporters
6 months ago

Tai'an bolsters efforts to boost foreign trade growth of exporters

China Daily  

Tai'an is implementing a new phase of foreign trade enhancement, focusing on policies, markets, and services to guide companies towards new international opportunities and sustain foreign trade growth, local media reported. This year, Tai'an has introduced several policies, including measures to "maintain the foreign trade scale and optimize its structure" and a 2024 plan to explore key overseas markets. These …

China's investor friendly measures uplift biz climate
8 months, 3 weeks ago

China's investor friendly measures uplift biz climate

China Daily  

High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. BEIJING — China has announced a new set of measures aimed at enhancing the appeal and effective utilization of foreign investment, as part of the country's efforts to harness and share its huge market potential. An action plan comprising 24 specific pro-foreign investment measures was unveiled in …

Country vows to create more opportunities for investors
8 months, 4 weeks ago

Country vows to create more opportunities for investors

China Daily  

Vice-President Han Zheng made a speech at the Invest in China Summit 2024 in Beijing on Tuesday. Speaking on Tuesday at the Invest in China Summit 2024 in Beijing, Vice-President Han Zheng said that China will continue to explore and unleash market demand, injecting new vitality into the global economy and creating more new business opportunities for foreign companies. Ling …

Officials: China set to pull in more FDI
9 months ago

Officials: China set to pull in more FDI

China Daily  

Tim Cook, CEO of Apple, shows up as Apple opens its eighth store in Shanghai on Thursday. GAO ERQIANG/CHINA DAILY China's vast market size and complete supply chain, combined with a series of policies focused on stabilizing the economy and enhancing openness, will further brighten conditions for attracting foreign investment, said government officials and heads of multinational corporations on Friday. …

Country's development potential continues to be released
9 months, 1 week ago

Country's development potential continues to be released

China Daily  

A Chinese clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. In the first two months of this year, the total value of China's exports was $528.01 billion, up 7.1 percent year-on-year, and the total value of its imports was $402.85 billion, an increase of 3.5 percent compared with the same period last year. China's exports to the …

High-quality development remains top priority for country in new era: China Daily editorial
9 months, 2 weeks ago

High-quality development remains top priority for country in new era: China Daily editorial

China Daily  

Robots seen on the assembly line of automaker FAW Group in Changchun, Jilin province. Abroad, geopolitical headwinds seriously disrupted the country's reach to international markets; at home, the private sector lost steam, the real estate market remained in dire straits, and domestic consumption appeared lackluster. In spite of the pessimism surrounding the state of the Chinese economy and its near-term …

China seen as largest engine for world economic growth
10 months ago

China seen as largest engine for world economic growth

China Daily  

Photo shows a view of Nansha Port in Guangzhou, South China's Guangdong province. China's GDP exceeded 126 trillion yuan in 2023, up 5.2 percent over the previous year, making it the largest engine of global growth. As China's growth is likely to exceed expectations, emerging Asian economies as a whole are projected by the IMF to grow by 5.2 percent …

Foreign firms still keen to ramp up investment
10 months, 2 weeks ago

Foreign firms still keen to ramp up investment

China Daily  

Multinational corporations will continue to ramp up investment in China this year as the country's immense consumption potential and innovation capabilities have bolstered their confidence, market observers and business leaders said on Jan 30. Zhang Wei, vice-president of the Beijing-based Chinese Academy of International Trade and Economic Cooperation, said that foreign investors are increasingly valuing China's modern industrial infrastructure, innovative …

Foreign firms still keen to ramp up investment
10 months, 3 weeks ago

Foreign firms still keen to ramp up investment

China Daily  

Multinational corporations will continue to ramp up investment in China this year as the country's immense consumption potential and innovation capabilities have bolstered their confidence, market observers and business leaders said on Tuesday. Zhang Wei, vice-president of the Beijing-based Chinese Academy of International Trade and Economic Cooperation, said that foreign investors are increasingly valuing China's modern industrial infrastructure, innovative ecosystem …

Foreign firms still keen to ramp up investment
10 months, 3 weeks ago

Foreign firms still keen to ramp up investment

China Daily  

Multinational corporations will continue to ramp up investment in China this year as the country's immense consumption potential and innovation capabilities have bolstered their confidence, market observers and business leaders said on Tuesday. Zhang Wei, vice-president of the Beijing-based Chinese Academy of International Trade and Economic Cooperation, said that foreign investors are increasingly valuing China's modern industrial infrastructure, innovative ecosystem …

Foreign firms still keen to ramp up investment
10 months, 3 weeks ago

Foreign firms still keen to ramp up investment

China Daily  

A view of Shanghai's Pudong New Area. Multinational corporations will continue to ramp up investment in China this year as the country's immense consumption potential and innovation capabilities have bolstered their confidence, market observers and business leaders said on Tuesday. Zhang Wei, vice-president of the Beijing-based Chinese Academy of International Trade and Economic Cooperation, said that foreign investors are increasingly …

Multiple sectors see rise in foreign investment
1 year ago

Multiple sectors see rise in foreign investment

China Daily  

Containers are unloaded at Qingdao Port in Shandong province in March. China saw the number of newly established foreign-invested enterprises reach 48,078 during the first 11 months of 2023, soaring 36.2 percent year-on-year, data from the Ministry of Commerce showed. In the meantime, foreign direct investment into the Chinese mainland in terms of actual use dropped 10 percent year-on-year to …

Foreign trade makes 'notable progress in stabilizing'
1 year ago

Foreign trade makes 'notable progress in stabilizing'

China Daily  

Updated: 2023-12-14 By Zhong Nan chinadaily.com.cn A vessel departed from a container terminal at Nansha Port in Guangzhou, Guangdong province, and headed for Brazil on Sept 4. China has made notable progress in stabilizing and enhancing the structure of its foreign trade, paving the way for potential positive growth throughout the entire year, said a senior government official on Wednesday. …

Chinese market still cherished by foreign firms
1 year, 1 month ago

Chinese market still cherished by foreign firms

China Daily  

Visitors sample bread at the booth of Lesaffre at the sixth China International Import Expo in Shanghai. McKinsey Global Institute estimates that in 2020, 55 Chinese cities could be classified as high-income cities, covering 27 percent of China's population. The International Monetary Fund has raised its forecast for China's gross domestic product growth rate this year to 5.4 percent. Goldman …

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