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The move is expected to release about 1.38 trillion yuan of funds for commercial banks, said Ming Ming, an analyst with CITIC Securities.

The ministry will work to conclude the bond issuance by the end of May in a bid to shore up the economy, MOF official Wang Kebing told a press conference on Monday.

The much-anticipated China Restaurant Week (CRW) kicks off today, March 14, and runs till March 24. Held twice a year in spring and autumn, it brings happy times for Chinese foodies.

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The minutes also show Fed officials were divided when they voted to cut interest rates for the first time in a decade in late July, lowering borrowing costs by a quarter of a percentage point to a target range of 2 percent to 2.5 percent.

The move promises to shift focus from government-to-government engagement in multi-billion infrastructure projects to private-to-private businesses that will sustain the implementation of the ambitious project, said Ngari. The chief executive revealed that this financing will be available to Chinese businesses investing in Africa and, in particular, Kenya.

The most interesting Channels are?the articles read aloud. Each story is professionally recorded as it’s read pretty much verbatim. For those used to standard stories written for radio, the reading of the written articles can be a little strange at first, but it does serve as a way to catch up on some news.

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The nation's nearly 7,000 jails, prisons and correctional facilities are an ideal breeding ground for the virus, say corrections officials and prison reform advocates.

The move was welcomed by experts and the tourism industry as a step to help accelerate the development of Hainan as a province with a strong ocean economy and growing status as an international tourism center. It is considered a way for the central government to boost the China (Hainan) Pilot Free Trade Zone.

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The move to deepen China's capital market reform came as the country is battling the impact of the COVID-19 epidemic, which has left many smaller companies with financing difficulties.

The narrowing expansion of factory-gate prices and rising purchasing prices dragged down the profit growth in July, said NBS statistician He Ping.