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The SAR government applied to the Legislative Council Finance Committee on Friday for a HK3.8 million (US.4 million) special fund for the program.

The People's Bank of China (PBOC) said commercial banks, whose annual outstanding or new loans in inclusive financing accounts for more than 1.5 percent of the total, will enjoy a 0.5 percentage point RRR cut from the central bank's benchmark level from next year.

The RCEP is a regional free trade pact between 16 economies including Australia, India and the ASEAN.

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The Port of Ningbo Zhoushan saw cargo throughput exceed 1.1 billion tons in 2019, ranking first in the world for 11 consecutive years, according to official statistics.

The People's Bank of China (PBOC) conducted 100 billion yuan of reverse repos Monday, pumping a net 20 billion yuan into the market as 80 billion yuan of reverse repos matured.

The Saihanba Forest Farm, 150 kilometers from Beijing in Hebei province, forms a natural barrier between the capital and the sandstorms that often blow in from the north. Since foresters began replanting trees, forest coverage in the area has soared from 12 percent in 1962 to 80 percent in 2016.

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The Pentagon is also planning to buy a new version of Boeing's F-15 Eagle fighters, the F-15EX, to promote industrial diversity and try to maintain a balance between the nation's two largest defence companies, according to DoD officials.

The Party should resolve to tackle institutional obstacles to give full play to the advantages of China's socialist system, they said.

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The People's Bank of China introduced the counter-cyclical factor last May in setting the daily reference rate of the yuan to curb irrational trading, market volatility and one-way substantial movement of the currency.

The People's Republic of China and the Federal Republic of Germany became inseparable partners during the past 40 years of China's opening-up. Germany's "economic miracle" and the influence of the expertise of its companies became one of China's points of orientation while lifting more than 740 million people out of poverty.