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Reserves held in the US dollar fell to .62 trillion, and the US dollar's share, still the largest, dropped for the third straight quarter, reaching 61.69 percent of allocated reserves.

Renowned global information technology giant Intel is one of the biggest sources of investment, with newly added funding of 9 million in place to expand the capacity of its Dalian plant.

Related conferences and exhibitions will be held to mark the anniversary, and more theoretical research will be enhanced to summarize the practical experience of the CPPCC over the past 70 years, Guo Weimin, spokesman for the second session of the 13th CPPCC National Committee, said at a news conference in Beijing.

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Research released by the International Monetary Fund on Friday showed that some of these tariffs have been passed on to US consumers, while others have been absorbed by importers leading to lower profit margins.

Rep. Nita Lowey of New York, the top Democrat on the House Appropriations panel, also praised the bill, saying it "provides ample resources for our armed services and strengthens military readiness," while upholding commitments to service members and their families.

Residents of Taiwan, Hong Kong and Macao will no longer need work permits when they are hired by enterprises on the Chinese mainland, meaning they will be treated the same as local residents.

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Renmin University of China in Beijing also has started to set up a medical college focusing on traditional Chinese medicine, while Beijing Sport University has proposed establishing a college for sports medicine and recovery in Xiongan.

Regrettably, as a superpower, the US stubbornly sticks to the "America First" policy, practicing unilateralism, repeatedly withdrawing from international organizations and treaties, he said, adding that the United States abandons its due international obligations and seeks its own benefits at the cost of other countries' rightful interests.

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Reiterating that viruses recognize neither borders nor races, and pose a common challenge to all humanity, the Chinese president pointed out that only by joining forces can the international community prevail over them.