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Of the total, the central government earmarked 86.1 billion yuan, 20 billion yuan more than last year, while the local provincial fiscal funds amounted to 54 billion yuan.

Of the seven major accidents reported at small coal mines in the first six months of this year - accidents that kill 10 to 30 people, or severely injure 50 to 100, or result in direct economic losses of 50 million to 100 million yuan - three were at mines that had resumed operation without official approval, he said.

Oil producers Diamondback Energy jumped 20.12 percent and Apache rose 11.49 percent Thursday as futures contracts tied to the price of West Texas Intermediate crude rallied more than 24.55 percent to .37 a barrel.

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On Feb 5, the General Office of the Communist Party of China Central Committee and the General Office of the State Council unveiled the action plan. It aims to achieve remarkable improvements in the rural living environment by 2020. It includes keeping villages clean and tidy, and residents should have enhanced hygiene and health awareness.

Of course, one of the big failures of Pets.com was the logistical challenge of shipping bulky and heavy products cost efficiently.

Officials noted that climate change is considered a key driver of the trend.

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Officials say that to enhance the area's attractiveness to top-level talent, it should develop with "people" being the core by improving public services, promoting social life and being equipped with superior resources in such areas as education and medical care, according to a China Central Television report on Tuesday.

Oliver did throw Amazon a bone for raising minimum wage to an hour and he said they’re not the “worst actor in the industry” because they generally don’t subcontract out their warehouses.

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Of particular interest would be dedicated stressed asset funds that can take over floundering businesses, turn them around, and make reasonable profits by reselling them to strategic investors. It is a win-win situation for all the stakeholders. This market is currently estimated at 3 billion, which should interest Chinese investors, including banks, he said.

Official figures show that China's poverty relief achievements have contributed more than 70 percent to global poverty alleviation work in the past 40 years.