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The city will also accelerate the wide application of information technologies, such as the internet of things, big data, artificial intelligence and blockchain, to create more smart city scenarios while striving to strengthen cyber security.

The ceremony was presided over by Cai Qi, secretary of the Beijing Municipal Committee of the CPC.

The central bank skipped open market operations Saturday, which led to a net withdrawal of 270 billion yuan (.6 billion) from the money market this week.

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The city's education head also stressed that moral and legal considerations should be taken into account when people exercise freedom of speech.

The central bank also plans to further improve the interest rate reform, based on a shifting of the benchmark lending rate. The loan prime rate, the new benchmark which has been used for newly issued bank loans, will be introduced to outstanding loans. "Meanwhile, competition in the deposit market should be sustained, to ensure that banks can have stable costs on the liability side."

The city and the state have been big supporters of the EB-5 visa program, which grants a green card to a foreign investor that invests at least 0,000 to million in a project that creates at least 10 jobs for American workers.

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The central government had in June granted 5G licenses to the three major telecom operators and the State-owned China Broadcasting Network Co Ltd. It has pushed for a fast rollout of the services across the nation, as it sees 5G development as a key strategy in the transformation and upgrade of traditional industries and for boosting the emerging digital economy.

The central government has every confidence that Hong Kong and Macao will develop and thrive together with the mainland and maintain long-term prosperity and stability, and encourages Hong Kong and Macao to give better play to their strengths, and deepen mutually beneficial cooperation with the Chinese mainland in all fields, according to the report.

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The center was established by the Ministry of Science and Technology in March, with 21 participants from China's leading NEV manufacturers and research and development institutions including Beijing's BAIC Group, Geely, BYD, Baidu and Tsinghua University.

The central bank said later that the liquidity increase could offset the large amount of cash withdrawls by corporations to pay taxes in mid-April, and the liquidity situation in banking system remained nearly unchanged.