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Last year, the former president was impeached by Congress in her second term for fiscal irregularities and replaced by her Vice-president Michel Temer.

Launched in 2016, the Power of Charity aims to promote the concept of charity and the newly-enacted China Charity Law.

Later, we listed on the Shanghai Stock Exchange, and Erdos has since become the largest cashmere maker worldwide. We now produce about one-third of the world's cashmere.

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Le Drian also met with his Chinese counterpart Wang Yi, and they jointly talked to reporters. Wang said the two countries are ready to seek common ground while maintaining differences, and are preparing for French President Emmanuel Macron's visit to China in early 2018.

Late on Friday, the PBOC disclosed a draft of the new central bank law on its website in order to gather public opinion. It said that "the renminbi has both physical and digital types", which would give the green light to issuance of digital renminbi. Meanwhile, the draft law forbids institutions or individuals from issuing any type of digitalized currency privately for circulation.

Lei Ming, director of the Institute on Poverty Research at Peking University, said the aimless use of poverty funds is a big problem.

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Latest figures from China Venture, an industry information provider, showed that most big PE deals in April happened in the medical and IT sectors.

Leading up to the Spring Festival, livestream broadcasters wear red scarves in their livestreaming sessions, introducing new clothes and local specialties to their fans in studios decorated with red lanterns and firecracker decorations.

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Lauding the progress the AIIB has made over the last three years, Liu said that the AIIB has been granted permanent observer status by the United Nations General Assembly, issued its first U.S.-dollar-denominated global bond, as well as developed a series of important strategies and policies.

Launched in 2016 in Hangzhou, Alibaba's "City Brain" project uses cameras systems and sensors across the city to collect data on road conditions.