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The PBOC has signed currency swap agreements with many central banks in Central Asia. The trading of renminbi against the Kazakh and Mongolian currencies has been launched in the regional interbank market.

The Mombasa-Nairobi SGR is an important link in China's Belt and Road Initiative.

The PBOC's updated credit information system will help improve accuracy of information used by banks in their credit decision-making processes, Nicholas Zhu, a vice-president and senior banking analyst at Moody's, told China Daily.

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The NBS data also shows that the growth of coal-fired electricity generation reversed the upward trend in April with a decrease of 0.2 percent, while the generation of other clean power posted faster growth.

The National Public Complaints and Proposals Administration asked to promote the use of a national online petition submission system to make reporting complaints more convenient.

The Office of the US Trade Representative proposed 10 percent tariffs on Tuesday on a list of thousands of Chinese product lines. The office will accept public comments and hold hearings on the plan from Aug 20-23 before reaching a decision after Aug 31.

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The Ministry of Foreign Affairs also denounced the US action as "unilaterlistic and protectionist".

The Ministry of Industry and Information Technology has summoned social networking firm Momo Inc, which powers ZAO that lets users superimpose their face on those of celebrities and produce synthesized videos and emojis.

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The National Health Surveillance Agency said that the vaccine is one of the pioneers in the fight against the virus, and Brazil will be the first country outside the United Kingdom where its efficacy will be tested.

The Nasdaq-listed company said its results for the third quarter were negatively impacted by the pandemic, but benefited from the containment measures in China. The company's domestic business showed a strong recovery, which contributed substantially to the overall revenue.