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The move signals regulators' efforts to reduce operating costs of securities firms and other financial institutions as part of capital market reforms that focus on vitalizing market entities, said Hong Rong, founder of Shanghai-based investor education platform Hongda Education.

The move came right after China's call for more investments in new infrastructure, including charging piles, ultra-high-voltage grids, intercity transit system, and 5G, to stimulate new economic impetus to counter impact of the COVID-19 pandemic.

The narrower measure of money supply (M1), which covers cash in circulation plus demand deposits, rose 8.5 percent year on year to 51.7trillion yuan at the end of February. The growth rate was down 12.9 percentage points from a year ago.

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The move came after BeiDou's operating accuracy reached the centimeter-level and after a forecast that the output of China's navigation system and satellite location-based service market will reach 400 billion yuan (.8 billion) in 2020.

The mother expressed her gratitude to netizens who are concerned about the girl's health and said she would increase the size of the stall.

The nation will drive a new generation of self-developed driverless magnetic levitation trains with a designed speed of 200 kilometers per hour into the market by March 2020, the head of its manufacturer said on Monday.

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The musical road was open on May 5. It is expected to add charm to the local tourism.

The most influential pet industry exhibition in the Asia-Pacific region, the fair occupied an exhibition area of 220,000 square meters at the Shanghai New International Expo Centre and drew about 2,000 exhibitors, 80,000 professional visitors and 220,000 pet lovers.

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The missing piece for China Baowu to become a global steel leader is globalization. Its chairman said more efforts will be made in its overseas development.

The nation's top economic regulator plans to soon issue "code of conduct" for State-owned enterprises carrying out outbound investment, with guidelines for private companies already in place.