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The country should also clarify the responsibilities of shareholders, creditors, local governments and financial supervision departments. Investigations and punishments are needed for financial institutions, regulatory authorities and local governments that are responsible for major financial risks, so as to effectively prevent the risk of moral hazard.

The country should scientifically set the positioning of different layers of the capital market, improve differentiated institutional arrangements, and smoothen the mechanism for enterprises to alter their financing ventures.

The construction of a Boeing completion and delivery center got underway in Zhoushan, Zhejiang province, on Thursday.

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The country has unveiled measures to broaden market access, improve the investment environment, increase imports, and build new ground in opening up.

The cost of this move: 0 million in additional spending, in the second quarter alone.

The consumption sector has been gradually recovering from the novel coronavirus epidemic, as the central authorities called for efforts to further release demand in the domestic market and boost household spending.

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The cooperation between banks and third-party institutions in the online lending business is an effective way to make loans more accessible for small and medium-sized businesses and reduce their financing costs, experts said.

The container ship's port rotation also includes Ningbo, Shanghai, Yantian, Suez Canal, Rotterdam, Hamburg, Antwerp and London.

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The country has even unveiled plans for a Chinese-designed supercomputer, proving that the world's second largest economy is now a major force in technology and innovation.

The cooperation between China and Africa is an "absolutely vital" instrument for the success of Africa's development, UN Secretary-General Antonio Guterres said on Thursday before departing for Beijing for the Forum on China-Africa Cooperation.