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The Trump administration, under Section 232 of the US Trade Expansion Act of 1962, is reportedly considering imposing steep tariffs on steel and aluminum imports of 24 percent and 10 percent, respectively.

The Thai government has asked farmers to delay planting rice because of drought and because the pumping of water from reservoirs for irrigation threatens household supplies, according to the agriculture ministry.

The Shenzhen Component Index closed 1.19 percent lower at 13,320.92 points.

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The TCM hospital also set up a special medical team to treat Xia Xidian for both COVID-19 and his other illnesses.

The Shanghai Composite Index rose 0.44 percent to 3,447 points, while the Shenzhen Component Index rose 0.43 percent to 11,695 points.

The State Administration of Taxation (SAT) has established a credit rating system for corporate tax payers, in which companies are ranked from A to D in terms of their tax-paying record.

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The Suzhou municipal authority in Jiangsu province set up a credit guarantee fund of 1 billion yuan for companies meeting the requirements of a special bank loan, without providing any collateral.

The Thailand side is deploying more rescue forces. A joint work team composed of officials from the Chinese Foreign Ministry, the Ministry of Transport and the Ministry of Culture and Tourism is heading to Phuket.

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The State Council has introduced a slew of measures to promote innovation and entrepreneurship. These are offering tax rebates to startups and are having streamlined registration procedures for new companies over the past few years.

The Tsinghua University China-Africa Leadership Development Institute’s primary purpose is to support capacity building in both China and Africa, particularly young leaders in business, government and non-governmental organizations.