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The RRR will be cut further by a 1 percentage point if the ratio exceeds 10 percent, the central bank said.

The People's Bank of China, the country’s central bank, and the Bank of Japan signed an agreement for a bilateral currency swap on Friday for 200 billion yuan or 3.4 trillion yen, one of 12 cooperative documents inked during Japanese Prime Minister Shinzo Abe's visit to Beijing.

The Prison Administration Secretariat said that the situation is under control and the inmates are currently locked up in their cells.

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The SCO enjoyed strong vitality and momentum of cooperation as President Xi Jinping delivered a keynote speech at the Shanghai Cooperation Organization Summit on Sunday.

The Philippines moved the BRP Gregorio del Pilar from the Banyue Shoal early on Tuesday morning, Foreign Ministry spokeswoman Hua Chunying said, adding that China hasn't found any environmental damage, such as an oil spill.

The People's Bank of China, the central bank, has already included the essence and spirit of the fourth plenary session in its key work tasks for 2020, according to a statement on the bank's website. The PBOC will focus on improving financial, macroeconomic management, as well as enhancing macro prudential regulations in next year's plan, it said.

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The RCEP, a proposed free trade agreement between the 10 ASEAN members and six of their FTA partners, namely China, Japan, South Korea, Australia, New Zealand and India, is expected to be one of the world's largest trading blocs, accounting for 45 percent of the world population, 40 percent of global trade and around one third of the world's GDP. The talks on the RCEP were launched in 2012.

The Party leadership's proposals for formulating the 14th Five-Year Plan for National Economic and Social Development and the Long-Range Objectives Through the Year 2035 were adopted at the fifth plenary session of the 19th CPC Central Committee which closed on Oct 29.

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The SUV, with its "Darwin" smart system, is capable of running up to 520 kilometers on a single charge. It is BJEV's latest upscale model that is expected to boost its image and sales in China.

The Rand Corporation, a non-partisan research agency in Santa Monica, California, said infrastructure projects could be funded by levying a tax on crude oil and imported petroleum products to spread the burden. That would mean homeowners who heat with fuel oil would pay a federal tax for the first time.