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Preliminary estimates indicate that the total loan risk compensation will exceed 1 billion yuan (2.6 million) this year, according to the Shenzhen Municipal Development and Reform Commission. The commission said State-owned Shenzhen High Tech Investment and Guaranty Co Ltd and Shenzhen Credit Guarantee Group Co Ltd will reduce or waive guarantee fees by 30 percent. The total guarantee fee waivers and reductions of the two firms are expected to be about 100 million yuan.

Premier Li Keqiang called for greater strides in reform and opening-up to stimulate market vitality and to transform and upgrade economic structure in revitalizing the rust belt in Northeast China.

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President Donald Trump, citing the spike in homicides, has said cities led by Democrats are out of control, and blamed their leaders for violence during protests against police misconduct that have erupted since the death of George Floyd in Minneapolis police custody on May 25.

Poonen said in China, companies have an increasing need for "modernizing apps" in order to enhance customer value, manage risk and grow their businesses.

Premiering in October, the work was commissioned by the 19th China Shanghai International Arts Festival's Rising Artists' Works (RAW) program, a creative initiative to commission and present new works by bright young artists from across China.

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President Xi Jinping and his United States counterpart, Donald Trump, agreed on Saturday to continue bilateral trade negotiations, stop the imposition of new tariffs and exchange visits at an appropriate time.

Praising that the opening of China's financial market has been "very robust", Ahern believes the integration of China's equity and fixed-income markets into global benchmarks has a far-reaching impact and China will "benefit in the long run" from investors' insights.

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Powell said the labor force participation rate — the number of people aged 16 to 64 currently employed or seeking employment — is at its highest rate in decades, but there are "troubling disparities across racial and ethnic groups" and in certain regions of the country.

President Donald Trump and first lady Melania Trump were in Florida at the time. And the Secret Service says no member of the first family was at the White House when the incident took place.