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The country will continue to control what it deems irrational investment and require enterprises that make overseas investment to comply with local laws and regulations, Zhong said.

The construction of Taishan unit one started in 2009, while that of Taishan unit two began in 2010. These two units were respectively the third and fourth reactors being built worldwide with EPR technology, or third-generation pressurized water reactor design.

The country is at the cusp of eliminating extreme poverty, which is defined as living off less than per day. That's a huge accomplishment, but extreme poverty is a very low standard. Still, about 60 percent of China's people live off less than per day and almost 90 percent live off less than per day. This compares to South Korea or Japan where less than 20 percent of people live off less than per day.

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The cost cuts were introduced in February, at the height of the domestic COVID-19 outbreak, when factories, restaurants, hotels and shopping malls remained shuttered nationwide, threatening widespread job losses.

The conditions for technological cooperation in an investment project shall be negotiated in a fair and equal manner and agreed upon by all parties to the investment, and government bodies and their employees shall be prohibited from using administrative measures to force technology transfer.

The council will continue to organize online and offline business events, as well as international cooperation, to assist domestic manufacturers that are having troubles restoring their industrial and supply chains, and to seek foreign suppliers to relieve the pressure caused by the virus, she noted.

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The country achieved a sales volume of 490,000 vehicles in the first 10 months of this year, up 45.4 percent from the same period of last year. The industry forecasts China will have 80 million new energy vehicles running on its roads by 2030.

The council said it has been helping travel agencies in seeking a rent cut, and a small number of agencies have availed of the benefit. It also urged the government to provide them with support.

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The contract for settlement in December 2020 opened 0.03 percent higher at 100.07 yuan. The contract for settlement in March 2021 opened 0.09 percent lower at 99.61 yuan.

The country will also explore FTA feasibility studies with Nepal, Bangladesh and Moldova this year, Qian said.