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The negotiation is private, and buyers aren’t able to pay more than the original listed price.

The nearly-completed Dashaqinglin Reservoir in Zhoushan, Zhejiang province, will soon come into service. [Photo/VCG]

The net profits of the 27 listed companies in 2016 totaled 1.32 trillion yuan (1.9 billion), increasing 3.2 percent year-on-year, it said.

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The new rules, set to become effective on Nov. 1, will allow foreign investment into more areas such as stocks listed on the National Equities Exchange and Quotations, financial futures and private investment funds, said the CSRC.

The new area, some 100 kilometers southwest of Beijing, is expected to help address "urban ills" of traffic congestion and air pollution in Beijing by curbing the capital's population growth and moving non-capital functions out of Beijing.

The new charging facilities will be placed in crowded areas near shopping malls, hospitals, hotels and parks in more than 10 districts around the city, the newspaper said, quoting sources with the municipal development and reform commission.

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The new model comes at a recommended price of 498,900 yuan (,700). A 16,800-yuan national subsidy, as well as a 42,000-yuan purchase tax exemption, combined with possible free number plate registration in cities including Shanghai, Hangzhou, Shenzhen, are among the numerous benefits given to the buyer.

The new departure tax, slated to be introduced on Jan 7, 2019, will be applicable to those departing Japan by airplane or ship.

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The newly released policies mainly focus on opening-up in finance, industrial systems, intellectual property rights protection, imports, and business environment.

The negative list for inbound investment will be shortened in the course of this year and the coming years. We aim to merge the three laws governing foreign investment into one law, and fully honor our commitment to foreign investors of pre-establishment national treatment.