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The PMI, a gauge of factory conditions, stood at 51.6 in October, the NBS said in a statement on its website. It was 52.4 in September, which marked a five-year high. A reading above 50 is deemed as expansion and one below that mark indicates contraction.

The PBOC had in its monetary policy report for the fourth quarter of 2017 disclosed that MLFs "have become an important channel for the central bank to inject base money".

The New York Federal Reserve Bank estimated that US tariffs on China will cost American households about 1 a year.

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The Montreal-based rail company had cut its 2019 profit outlook in October and then confirmed job cuts in mid November.

The National Copyright Administration met with about 20 record companies and associations from China and abroad on Wednesday to talk about online music copyright protection.

The PBOC held a meeting on Thursday to promote cross-border use of renminbi by State-owned enterprises in trade. The monetary authorities said to improve the cross-border renminbi policy framework, financial institutions are required to provide more cross-border renminbi financial products and services to help reduce the exchange rate risks for the corporate sector. The meeting also stressed on the need to improve the efficiency of cross-border and offshore renminbi clearing services.

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The National Hurricane Center says Subtropical Storm Alberto has come ashore on the Florida Panhandle.

The NDRC said in its report a carbon emissions quota control system will be applied to manage the cap-and-trade program covering companies with an annual energy consumption of more than 10,000 tons of standard coal in the petrochemical, chemical, building materials, iron and steel, nonferrous metals, paper, electricity and aviation sectors.

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The Nanjing Massacre unfolded when Japanese troops captured the city in Jiangsu province on Dec 13, 1937. In six weeks, they killed some 300,000 Chinese civilians and unarmed soldiers.

The NBS started to regularly release the monthly surveyed unemployment rate in urban areas last April to help the government improve macro-control and provide information for formulating employment policies.