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The ceremony will be held indoors on Tuesday in Guangdong province, on an artificial island, home to Zhuhai port, a source familiar with the matter told China Daily. After the ceremony, the bridge is expected to open for traffic later in the day, the source said.

The central bank pledged in its first-quarter monetary policy report that it will step up countercyclical adjustments to support the real economy, make the prudent monetary policy more flexible and appropriate, and continue to deepen reforms of the market-oriented interest rate and the yuan exchange rate formation system.

The central bank will continue to support commercial banks and other financial institutions in issuing capital bonds, improve the capital adequacy of the banking industry, and boost their capacity to provide credit, in a bid to facilitate the financial institutions to serve the real economy, it said.

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The chairmen appealed to everyone in the academic community to remain steadfast in their respective roles, to make continuous contributions to future generations by leveraging Hong Kong's traditional strengths in academic freedom, cultural diversity, and broad international perspectives.

The centerpiece of the blueprint is the "dual circulation" development pattern, first put forward in May.

The chairman of WeTouch, Peter French, was excited about the partnership between China and Australia, and the role that his company is playing in bridging the science and technology gap between the two nations.

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The center warned local authorities and residents in mountainous areas to take precautions against flooding and geological disasters.

The central bank officials' comments, analysts said, helped quell concerns and stabilize market sentiment as both onshore and offshore traded yuan strengthened after their remarks were reported. In the first quarter, the yuan strengthened rapidly, followed by a turnaround beginning in mid-April. It sharply depreciated by 3.3 percent in June, the largest monthly drop ever.

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The central bank official said additional countercyclical measures will be taken to maintain ample liquidity and further reduce the lending rates. 

The city plans to make changes in its employment procedures for foreigners to improve efficiency with the introduction of a "smarter" work permit, the local government said.