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The minimum proportion of capital contribution for some infrastructure projects will be lowered as appropriate, with that of port, coastal and inland waterway transport projects to be cut from 25 percent to 20 percent, according to a circular issued by the State Council.

The material, also known as PSS, is widely used in the semiconductor, LED display and lighting industries for its high degree of transparency.

The meeting will be broadcast live on Chinese television and radio as well as online.

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The mega-spending spree came as China's economy is slowing down as the world's second largest economy is transitioning from dependence on export and investment to consumer spending.

The market was expected to rebound somewhat in 2020, but COVID-19 came out of the blue. Yet the effective crackdown on the virus and the resilience of the Chinese economy have seen the car market to begin recoup losses.

The ministry also revealed that the country's food supply, including pork and grain, was stable during the first quarter, and that the wholesale price of pork had been declining for seven weeks.

郑州网站排名seo

The measures can help Taiwan businesses reduce their manufacturing and operating costs, speed up transformation and upgrading and expand the domestic demand market.

The minister, according to officials, had tested positive for COVID-19 on Oct. 13 and undergone treatment since then.

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The ministry issued a statement on Tuesday that it would issue yuan-denominated treasury bonds worth 5 billion yuan in Hong Kong in the near future.

The measures came as soaring property prices have made housing affordability a growing problem for policy makers. Since last year, dozens of local governments have passed or expanded restrictions on house purchases and increased minimum downpayments.