EU leaders agreed to nominate Ursula von der Leyen of Germany for a second five-year term as president of the European Commission, the EU's powerful executive body, media reported.

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Li Pengxin, formerly the deputy secretary of Xinjiang's regional committee of the Communist Party of China, has been arrested on suspicion of accepting bribes, the Supreme People's Procuratorate said in a statement on Friday.

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Chinese President Xi Jinping said Friday that China stands ready to work with Peru to advance the comprehensive strategic partnership to new heights, voicing active support for the success of this year's Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting to be hosted by Peru.

Xi made the remarks while holding talks in Beijing with Peruvian President Dina Ercilia Boluarte Zegarra, who is on a state visit to China.

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Giant pandas Yun Chuan, a 5-year-old male, and Xin Bao, a 4-year-old female, on Thursday arrived at Los Angeles International Airport on a chartered flight from China for a 10-year conservation partnership with San Diego Zoo. They will be quarantined for a minimum of 30 days per standard procedure.

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China's self-developed Enping 21-4 Oilfield, with a daily light crude oil output of up to 740 tonnes, became fully operational off the coast of S China's Shenzhen, its operator said. The oilfield's 9,508-meter-deep A1H well is currently the country's deepest offshore well.

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China has allocated 150 million (about $21 million) from the central budget to flood-stricken Guangxi, Anhui, and Hunan to support the restoration of damaged schools, hospitals, and flood control facilities, the National Development and Reform Commission said on Friday.

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The value of China's international trade in goods and services reached 4.06 trillion yuan in May 2024, increasing by 7% YOY.

Export and import values of the country's international trade in goods and services amounted to $302.5 billion and $268.9 billion, respectively, recording a surplus of $33.6 billion, the State Administration of Foreign Exchange said Friday.

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The free trade agreement (FTA) between China and Serbia will go into effect on July 1 as both countries have completed respective domestic approval processes, China's Ministry of Commerce announced Friday.

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The EU on Friday imposed asset freezes and visa bans on several firms and individuals accused of helping finance Palestinian group Hamas, according to an EU statement.

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China's outstanding external debt stood at $2.51 trillion at the end of March, accounting for 48% of the total in terms of the Chinese yuan, data from the country's forex regulator showed Friday.

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Finland on Friday announced its 24th package of military assistance to Ukraine valued at 159 million euros ($170 million), bringing the total amount of military aid the EU state has provided Kiev to 2.2 billion euros ($2.3 billion), the Finnish Defense Ministry said.

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