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Xinhua China-related world news summary at 1000 GMT, Sept. 11

Xinhua, September 11, 2016 Adjust font size:

China's Vcanbio Cell & Gene Engineering Corporation, Ltd. on Saturday formally announced the operation of its two branches in the United States, marking the establishment of its North America headquarters.

The company's two subsidiaries, Vcanbio USA Co. Ltd. and Vcanbio Center for Translational Biotechnology (CBT), are both located in Natick, in the northeastern U.S. state of Massachusetts. (US-Biotech)

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BEIJING -- China and Russia will stage an eight-day Navy drill in the South China Sea off southern China's Guangdong Province starting Monday, a Chinese Navy spokesperson said Sunday.

The drill, "Joint Sea-2016," will feature Navy surface ships, submarines, fixed-wing aircraft, ship-borne helicopters marine corps and amphibious armored equipment from both navies, according to spokesperson Liang Yang. Most of the Chinese participants will come from the Nanhai Fleet under the People's Liberation Army Navy (PLAN).(China-Russia-Drill)

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SAN JOSE -- The 10th China-Latin America Business Summit will take place on Oct. 14-15 in Tangshan, a city in China's northern province of Hebei, visiting Chinese officials announced this week in Costa Rica's capital San Jose.

Hebei, which covers some 188,000 square kilometers, is China's sixth-largest regional economy. The summit is organized by the China Council for the Promotion of International Trade. Costa Rica hosted the summit in 2013.(Costa Rica-China-Business)

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BEIJING -- Chinese Vice Foreign Minister Zhang Yesui said Saturday the nuclear test launched by the Democratic People's Republic of Korea (DPRK) is "not conducive to the peace and stability of the Korean peninsula."

Zhang made the remarks in a meeting with DPRK ambassador to China Ji Jae Ryong to voice China's position on DPRK's nuclear test.

Zhang said it is China's "firm and consistent" stance to realize denuclearization on the Korean peninsula, maintain regional peace and stability and resolve problems through dialogue and consultation.(China-DPRK-Ties) Endi