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China's commerce ministry said on Tuesday that it aims to see online retail sales in the country rise to 17 trillion yuan ($2.66 trillion) by 2025, from 11.8 trillion yuan in 2020, in a statement outlining its 14th five-year plan for the e-commerce industry.
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A proposal by Spain for European Union countries to jointly buy gas would not offer a solution to the recent spike in energy prices, Luxembourg's energy minister Claude Turmes said on Tuesday.
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China's top economic planner said on Tuesday it was studying a mechanism to stabilise coal prices over the long run, in its latest move to cool the red-hot market.
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The German government has cut its economic growth forecast for this year to 2.6%, but lifted its estimate for next year to 4.1% as supply problems are delaying the recovery in Europe's largest economy, two sources familiar with the decision said on Tuesday.
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Lebanese Prime Minister Najib Mikati said on Tuesday he hoped cabinet meetings would resume soon, as a standoff over an investigation into last year's Beirut port explosion continues to paralyse government.