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Liu Guoqiang, a deputy governor of the PBOC, said at a news conference last week that even under the new interest rate scheme, the rate for mortgage loans will not be lowered, as the government will not ease the real estate control policy nor "use real estate as a tool to stimulate short-term economic growth".

Liu Youmei, an academician at the Chinese Academy of Engineering, said China has mastered the core technology for commercial maglev trains and established a system with intellectual property rights, ranging from research, manufacturing, test verification to commercial operation.

Lisa Lau, secretary of a residents' association in Macao, arranged an event there to watch the live broadcast of the grand parade in Beijing on Tuesday morning. She then traveled to neighboring Zhuhai city in Guangdong for the fireworks show.

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Liu Haoliang of Shenzhen said he was very excited to be selected via a drawing of lots because he was curious about what the digital yuan looks like and eager to try it out.

Liu Guangding, a geologist whose work served as the scientific backbone for China's offshore oil and maritime development, died on Tuesday afternoon. He was 89.

Liu Jieyi, China's ambassador to the UN and president of the UN Security Council for July, made the remarks at a press conference reviewing China's July presidency at UN headquarters in New York.

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Liu Shuqing, general manager of the company, said at the meeting the major problem faced by the company is the accounts of the related party transactions are huge, Securities Times reported.

Liu Shiyu, chairman of the China Securities Regulatory Commission (CSRC), made the remarks during a speech at a forum commemorating the 20th anniversary of the country's fund industry.

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Liu noted the company's profits did not come from reducing investment or cutting down businesses, and that many of JD's businesses are now breaking even.

Liu Bing, president of International Data Group and vice-president of China Oceanwide, speaks at the 2018 IDC Digital Transformation Summit on Oct 19, 2018 in Beijing. [Photo provided to chinadaily.com.cn]