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The country will use a variety of tools including required reserve ratio reductions, interest rate cuts, and re-lending to enable M2 money supply and aggregate financing to grow at notably higher rates than last year, said the report.

The country's GDP expanded 6.8 percent year-on-year in the third quarter, down from the second quarter's 6.9 percent increase but above the government's targeted growth of around 6.5 percent for the year.

The continuing growth of China's middle class, together with relaxed visa policies offered by some foreign countries, and a wide range of wide body airplanes with new technologies, capabilities and efficiencies, makes Boeing optimistic about the future of China's long-haul market, Tinseth said.

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The convergence of the CIIE "represents a major decision by China to create a new round of high-level opening-up to the outside world," said the Hyundai senior vice president.

The cooling of profit growth was mainly the result of seasonal factors, such as extreme weather conditions, the bureau said on its website.

The country should make new ground in pursuing opening up on all fronts to build up strength for international economic cooperation and competition, the report said.

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The country has made a strong commitment to move to complete carbon pollution neutrality by 2060, a move that would help drastically reduce the rate at which the planet's temperature is rising. Professor Yi Liu from the Institute of Atmospheric Physics of the Chinese Academy of Sciences said in a statement: "Achieving China's net-zero target by 2060, recently announced by President Xi Jinping, will involve a massive change in energy production and also the growth of sustainable land carbon sinks. "

The country will focus on building better network, platform and security systems for the industrial internet, Xiao said at the China 5G + Industrial Internet Conference held in Wuhan, Central China's Hubei province.

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The country started to pilot free trade zones in 2013 in the financial hub Shanghai as a means to test new ways of managing foreign investment, trade facilitation, and transformation of government functions to better integrate the economy with international practices.

The cooling of first-tier cities' home market was attributed to a string of factors, including the tightening policies on home-buying, loan requirements, and the increase in land supply since the second quarter of last year, said the SUFE report.