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The nation's top banking and insurance regulator noted that more work should be done in other financial sectors, in addition to banking.

The move is of great significance in advancing strict party governance and strengthening intra-party supervision, it said.

The move, coming into force on Feb 27, followed a review launched in December 2017, which now considered the anti-subsidy and anti-dumping measures unnecessary, according to an MOC online statement.

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The nation's deadliest traffic crash on record happened in 2013 when a makeshift bus carrying 51 Quechua Indians back from a party in southeastern Peru fell off a cliff into a river, killing everyone on board.

The move will protect the legitimate rights and interests of Chinese citizens as well as foreign investors, said Ma Yide, a deputy to the National People's Congress and a law researcher at the Beijing Academy of Social Sciences.

The most urgent need is for more investment in disaster-and climate-resilient infrastructure. According to an Asian Development Bank study, developing Asia will need to spend around trillion on infrastructure between 2016 and 2030.

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The move taken by the US came amid the recent positive momentum on the Korean Peninsula, as Pyongyang and Seoul have embarked on an apparent rapprochement with the Pyeongchang Winter Olympics during the past month.

The motherland is a staunch supporter of Hong Kong, said China's Ambassador to the United Kingdom Liu Xiaoming during a meeting with the Hong Kong Special Administrative Region's secretary for justice, Teresa Cheng, in London on Wednesday.

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The most pressing issues are renewing the enhanced unemployment benefits — currently 0 a week — and liability protections from coronavirus-related lawsuits such as "frivolous" litigation against schools and universities, Mnuchin said.

The multibillion-dollar project is estimated to be completed in 2028. It is a multipurpose project that will be used for water storage, flood mitigation, irrigation and power generation.