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In another move to promote more lending to micro and small firms, the meeting decided to raise requirements for more inclusive finance－financial services to firms that otherwise might find it difficult to access such services. It would do that by raising the weight of inclusive finance to no less than 10 percent in the integrated performance evaluation of the branches and subsidiaries of financial institutions in the banking sector.

In an interview in July, Porsche China President and CEO Jens Puttfarcken expected the company's China sales this year to be on par with 2019 levels despite the coronavirus.

In eastern Zhejiang province, people who found success in the cities are invited back by local Communist Party branches and elected as village heads to lead rural revitalization.

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In counties that voted for Clinton in 2016, only 1.7 percent of exports are in tariff-affected industries, which support 104,000 direct and indirect jobs.

In another development, Hua said on Friday that China is following closely the financial difficulties the UN is facing, as well as the impact that it may have on the UN's work, as the institution prepares to celebrate its 75th anniversary.

In early March, the International Monetary Fund predicted global growth in 2020 would be below the 2.9 percent rate for 2019 and revised forecasts will be issued within weeks.

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In an attempt to cut car emissions, the European Union (EU) announced at the end of last year that it will incentivize manufacturers to make more battery run cars.

In an interview with Xinhua ahead of the 19th CPC National Congress, David Shambaugh said he expects the CPC to roll out even better policies that will benefit both China and the world.

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In early September, Canyon Bridge, which is backed by State-owned Chinese fund Yitai Capital, saw its .3 billion attempt to acquire American chipmaker Lattice Semiconductor blocked by US President Donald Trump over national security concerns.

In early June, China released the master plan on building the southern island province of Hainan into a globally influential free trade port.