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He said that China is taking action in the international financial governance system to promote the renminbi as a widely accepted international reserve currency.

He said that the CIRC is ready to work with other ministries to give green channels and priorities for commercial insurance funds to participate in a national strategy as well as livelihood projects to support the economy.

He points out that the other major contribution of Chinese culture is the examination system. In ancient China, officials were selected through exams. The format is still used around the world today.

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He said banning companies such as Huawei will mean that Australians end up paying more money to build their networks with inferior technology.

He pointed out that this year is the 40th anniversary of China's reform and opening up. Over the past 40 years, China’s economic and social outlook has undergone tremendous changes, and the living standards of Chinese people have been greatly enhanced.

He said as the city grapples with the threat from deadly infectious diseases like the novel coronavirus pneumonia, all Hong Kong citizens, including those from the medical profession, should unite to fight the epidemic, bearing in mind they cannot afford to sacrifice the interests of patients.

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He said some immigration officials and suspected scammers were injured during scuffles. Local media said online video showed some people jumping from a building ledge onto a tree and sliding down while dozens ran across a road.

He said many tend to approach the relationship through the balance-of-power or pro-globalization perspectives. But to increase trust the "old fragmented processes" must change.

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He said he had decided to apply to the court for more than 2.16 billion yuan in compensation from the government.

He said China expressed strong indignation and opposition to the G7 statement.