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The country will create a comprehensive legal framework and powerful regulatory coordination system by 2020 to effectively control cross-border financial crimes, according to the guideline, released by the State Council, China's Cabinet.

The contest was supervised by the State Council Information Office and sponsored by People's Daily.

The container throughput at Shanghai port and Ningbo Zhoushan Port in eastern China's Zhejiang province jumped 9.5 percent and 9.2 percent year-on-year, respectively.

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The conference is aimed at promoting the deep integration of industrial design with economic and social development, while boosting design exchanges and cooperation between countries and regions, said Yu Xiaodong, an official with the Ministry of Industry and Information Technology, at a press briefing in Jinan, capital of Shandong province.

The country is building an international commercial dispute resolution procedure to improve judicial cooperation among countries involved in the initiative and provide a better business environment for investors from home and abroad, said Liu Guixiang, a member of judicial committee of the Supreme People's Court.

The country also announced plans to lower value added tax for rail freight on Monday.

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The country also shortened the negative list for foreign investment in the 2020 version in late June.

The cooperation model pioneered by Microsoft and 21Vianet has been recognized as an effective and successful method for a legal and compliant operation of international cloud services in China, it said.

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The contract for settlement in June 2020 closed 0.03 percent lower at 100.23 yuan. The contract for settlement in September 2020 closed 0.02 percent lower at 100.05 yuan.

The country will also make efforts to adjust transportation structure to improve efficiency and lower logistic costs, according to the meeting.