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The country's M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 10.5 percent year-on-year to 214.97 trillion yuan at the end of October, the People's Bank of China said in a statement.

The contracted revenue of the group can be largely attributed to the declined results in established markets such as North America and Europe. However, Christiansen said that sales in these markets picked up in the final months of last year and they have positioned themselves well for 2018 as inventories have been substantially cleaned up.

The cooperative now has a fleet of 13 drones. There are about 30 village-run drone pilot teams in Yujiang county.

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The country saw a surplus of 201.9 billion yuan in international goods and services trade last month, according to data from the State Administration of Foreign Exchange.

The contest calls for participants, either individuals or enterprises, to design projects suitable for the district to carry out in its sectors, such as circular economy, biomedicine, clean energy, high-end equipment, and intelligent manufacturing.

The country's GDP growth will moderate to 6.5 percent next year and fall further to 6.3 percent in 2019 as policymakers step up industrial capacity cuts, leverage controls and property curbs, according to Robin Xing, chief China economist with Morgan Stanley Asia Ltd.

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The continued growth of Chinese companies in the UK has taken place in spite of major obstacles.

The country also experienced a great drop in casualties from natural disasters. On average, about 7,200 people were killed or left missing in disasters annually in the initial years after the People's Republic of China was founded in 1949.

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The country will also step up regulations for the forex market and maintain order to protect the legitimate rights of consumers and investors, he said.

The construction companies for the railway project will be decided in a separate bid at a later date. The consortium of privately owned enter-prises and the Zhejiang government will jointly set up a project company that will be responsible for the construction.