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The country is further researching measures such as across-the-board reserve requirement ratio cuts or targeted cuts of RRR－the proportion of cash that banks have to set aside as reserves－to solve the difficulties and high costs of financing faced by small and micro businesses, he said during a visit to a branch of Chengdu Bank.

The country has secured sanctions waivers from the UN Security council to send the video reunion equipment to the DPRK's reunion center in Pyongyang.

The contradictions between Washington's revisionist economic agenda and its traditional role of providing consensus-based leadership have contributed to its third-place ranking, behind Beijing and Tokyo, for diplomatic influence in Asia, the index shows.

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The contest attracted hundreds of submissions, with Kenyan journalists, citizens and Chinese nationals living or working in Kenya getting a chance to participate.

The coronavirus pandemic has fundamentally changed many aspects of liquor consumption in China, having created a new environment for drinking and shifted sales from offline to online.

The country will adhere to the one-China policy and allow no changes on this matter of principle, he said.

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The construction of the initiative will help about 7.6 million people from the involved countries escape extreme poverty, and over 32 million shake off moderate poverty, he said, citing statistics from the World Bank.

The consumer price index, a gauge of inflation, rose 2.5 percent year-on-year in April, up from 2.3 percent in March, setting a half-year high as tighter supplies of pork, vegetables and fruit drove up food prices, the NBS said.

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The country's A-shares market saw 64 IPOs in the first half of this year, with a total of 60.4 billion yuan (.8 billion) raised. PwC predicted the 200 IPOs this year would collect an estimated sum of 180 billion yuan.

The country also will expand the funding channels for enterprises, including measures to enhance the credit support and services and to reform rules for state capital to take part in venture capital investment.