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In this year's Government Work Report, Li announced steps to extend policies allowing smaller businesses to postpone principal and interest payments on loans until the end of March next year and to increase inclusive finance lending from large commercial banks to small businesses by 40 percent.

In the wake of the violence, Pinera announced late Saturday the "suspension" of the fare hike, according to the daily El Mercurio.

Infections could increase

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In view of the current financing problems of small and micro enterprises, Yi urged departments of the PBOC to conduct in-depth research and improve the relevance and effectiveness of monetary and credit policies.

In view of the stable economic conditions, the Fed plans to reduce its .5 trillion balance sheet later this year and unveiled a detailed plan to trim its bond holdings.

Income from life insurance business stood at 2.3 trillion yuan, up 23.6 percent.

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In the window of luxury brand Montblanc at the Champs-Elysees, a red Chinese monkey can be seen in a display featuring pens. [Photo by Tuo Yannan/chinadaily.com.cn]

In this context, it is particularly important to address global development imbalances and inequality through adherence to and improvement of multilateralism. This is because only in the multilateral cooperation framework will countries that drive a new round of industrial revolution and benefit most from it reach consensus on supporting developing countries in information infrastructure construction, building an appropriate technology assistance system, stimulation of mature technology diffusion, and adapting skills by training in the new mode of production, thus promoting more inclusive development of the world economy.

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