韩愈的诗

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Monetary policy needs to be coordinated with fiscal and financing measures to ensure smooth deleveraging and reduce shocks from regulatory tightening, especially when M2 and credit have both seen drops, according to Chen Daofu, an economist with the Development Research Center of the State Council, and one of the members of the group that issued the Tsinghua University report.

Mo took advantage of his position to benefit others and also accepted a large amount of property, the statement said.

Midu has been banned from updating content and conducting business on its website and app for three months, and should announce the ban on the website and app, according to the order.

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Michael Moe, founder of Global Silicon Valley, a US-based education and technology investment bank, said, "China's education business, especially the potential in the early-stage segment, is frequently talked about. In China, you don't need to worry about the market size."

Min Cheng, head of investment products and investment advisory at the wealth management division of Standard Chartered China, said: "In the past, the wealth management business of the Chinese banking sector actually deviated from the real nature of asset management and separated itself from the real economy due to a lack of professional management. The launch of new regulations on the asset management business and wealth management products will completely reform the domestic asset management sector and raise hopes for the development of the wealth management business in the future."

Microsoft’s announcement rounds out what was a less-than-stellar Prime Day for the online retailing giant, which endured several glitches within its formidable e-commerce engine Monday as Prime Day festivities kicked off.

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Monetary easing to some extent fueled inflation in March, some analysts said. Consumer inflation jumped to 2.3 percent year-on-year from 1.5 percent in February.

Mobile is huge: In final three months of?2013, Alibaba’s mobile GMV accounted for 19.7 percent of its total, up from 7.4 percent in the same period in?the previous year.

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Monetary policy may lend further support by cutting the reserve requirement ratio of financial institutions and directing more credit resources into small－and medium-sized enterprises, according to Wang.

Moody's affirmed the bank's rating of Aaa with a stable outlook in March. "AIIB will maintain the health of its stand-alone credit metrics beyond its initial growth phase into the next decade," the agency said.