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The ceremony aims to showcase the latest global scientific and technological achievements in the internet industry, promoting the concept of making internet technology innovative, green, inclusive and shared.

The central bank injected more funds through open market operations on Thursday. Photo/IC]

The city's GDP increased by 3.8 percent in 2017, and registered 4.7 percent growth in the first quarter of 2018. The 2.8 percent unemployment rate from February to April this year was the lowest in two decades.

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The central bank said to maintain a prudent monetary policy that will be more flexible, it will strengthen countercyclical adjustment and maintain liquidity at a reasonably ample level. China will be one of the few major economies that is implementing "normal" monetary policy, the PBOC said.

The central regulators will encourage financial institutions to loosen their credit policies especially for small and medium-sized enterprises as well as privately owned companies, while fiscal policies will become more proactive, Qu said.

The central government's contribution accounted for nearly half of that funding, and it has given more money on forestation and cleaning the country's air than on any other environmental issues, the report said.

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The city of Chengdu in Southwest China has been ranked the third-highest performing city in terms of economic growth in the Brookings Institute "2018 Global Metro Monitor".

The choices for expats would be the block of buildings in Sanlitun and the winding steps snaking around Solana.

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The central bank may coordinate with electronic payment service providers, such as Alipay and WeChat Pay, to promote the new digital renminbi at the initial stage, which is a way to save costs and have the form of payment more easily accepted by the public, Yang Dong, head of the Financial Technology and Blockchain Research Center of the Law and Technology Institute at Renmin University of China, told China Daily last week.

The center, in the northern province of Nueva Ecija, was established in 2000 through a million grant from China. It has developed varieties that have the potential to produce 12 metric tons of rice per hectare, or three times the national average.