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This will not come without challenges, and Brumby believes that China has to continue to develop even further upon its already positive strides with the Belt and Road Initiative and the Asian Infrastructure Investment Bank (AIIB).

Those who replied that they plan, or will continue, to join the boycott movement, was 66 percent, almost unchanged from the prior week.

Those at the meeting on Tuesday called for intensifying proactive fiscal policy using a multipronged approach. They also urged expeditious allocation of an additional amount of local government special bonds in advance upon completing required procedures.

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This year, we have taken significant steps to ease market access in services sectors, particularly the financial sector, and cut tariffs on drugs, automobiles and some consumer goods in a phased way. On top of that, China has most recently announced additional tariff cuts on over 1,500 taxable items, bringing its overall tariff rate down to 7.5% from last year’s 9.8%, a lower middle level globally. Next month, China will host the first China International Import Expo in Shanghai. While offering more choices to Chinese consumers, the Expo is a major step taken by China to promote trade liberalization and open its markets still wider to the world. We look forward to your active participation to share the opportunities it brings. China is steadfast in its commitment to market-oriented exchange rate reform. We will not engage in competitive devaluation. There is every reason that the RMB exchange rate will remain basically stable at an adaptive and equilibrium level.

This will help the market to satisfy institutional investors' need for holding more high-quality assets to weather the sustained financial market turbulence.

This will provide "a significant boost for the local tourism industry, as well as other flow-on benefits for the local economy, supporting almost 500 jobs across the region."

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This year, the Chinese economy is confronted with new downward pressure and other challenges, Li said. He called for continuity and stability in macroeconomic policies, as decided at the Central Economic Work Conference, which concluded on Dec 21. Financial tools, including re-loans and re-discounts, should be adopted to strongly support the real economy, especially private, small and micro-sized enterprises, he said. These businesses should get more loans at lower cost, he said.

This year's festival will last until Oct 6.

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Those patent filings describe a system that uses technology including RFID to detect when?a shopper takes an item from the shelf, and then syncs the data to a handheld device.

Those at the meeting on Friday decided that more training will be offered to familiarize taxpayers with new policies and bring about the reform's full benefits.