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It added: "This coming Oscars and the opening of our new museum will mark an historic moment, gathering movie fans around the world to unite through cinema."

It also seeks to strengthen cooperation with global innovation hubs such as Silicon Valley in the Unites States, Tel Aviv in Israel and Sophia Antipolis in France.

It has also cut taxes, increased infrastructure investment and pledged more support for private firms. More tax cuts may be in the pipeline, experts said.

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It also encourages employers to provide flexible working hours and other conveniences for pregnant women and lactating women.

Ironically, given the role of US financial markets in sparking the 2007-08 crisis, the dollar emerged as a safe haven for foreign investors in the middle of the ensuing market turmoil. The dollar's share of global foreign exchange reserves has gone down by only two percentage points since then.

Irrational investments have been curbed after the government took measures to control buying sprees since late last year, data from the Ministry of Commerce showed.

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It also said about 47,100 workers are working on construction sites for 80 major water conservancy projects, which means 60 percent of workers in these sites have returned to their posts.

It had been scheduled to finish treating 19 severely polluted rivers last year, but only one was finished by December, the statement said.

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It currently travels on a 3.1-km test line with four stops between the city's Shennong Theater and a sports center, while a 9-km route is being planned linking the current route to form a loop.

It accounts for 9 percent of the company's total power generated, up 2.1 percentage points compared with the same period last year, said the Beijing-based company.