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The rally, now in its third day, followed the Senate's approval of a trillion stimulus package. The House is expected to vote on the bill Friday and send it to President Donald Trump who will sign it into law.

The reformed LPR formation mechanism will help lower the real lending rates as it will be more market-based, thus making it difficult for banks to set an "implicit interest rate floor" for loans and the breaking of the implicit floor will, in turn, prompt lending rates to drop, the central bank explained in a statement.

The province — which currently exports about 0 million worth of goods to China, mostly seafood like sea cucumber and lobster — signed a new economic agreement with Guangdong province in November.

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The reform of public hospitals and direct settlement of medical reimbursements were discussed at an executive meeting on Oct 9, and earning commission from the sale of medicines is now banned in public hospitals.

The proposals emphasized the board's leadership role and accountability in ESG and the governance structure for ESG matters. The proposals also highlight that materiality in respect of ESG is key to meaningful and concise reporting, and echo the increasing international focus on climate change and its impact on business, according to a document of the exchange.

The railway staff are preparing the 15 yuan (.2) meal boxes.[Photo/VCG]

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The reading above 50 suggests continuing strength in the country's non-manufacturing sector, though the growth pace has slowed, said NBS senior statistician Zhao Qinghe.

The provincial earthquake bureau has launched an emergency response and has sent a team of experts to the areas hit by the quake.

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The recent stronger yuan reflected the market's adjustment to better-than-expected economic fundamentals, instead of central bank intervention, Guan said.

The quoting banks submit their figures before 9 am on the 20th day of every month. The NIFC calculates and releases the LPR at 9:30 am on the same day, or the next working day.