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The Chinese government has enacted preferential measures on new energy vehicles in rural areas that will last until December, in an effort to boost sales and the rural revitalization strategy.

The China-Japan Cooperation Fund's scale is expected to be billion. Other similar investment mechanisms, including the 1 billion euro (.13 billion) China-France fund, is under preparation, said Tu. "We are also considering transferring part of the bilateral funds into the Belt and Road fund."

The China Banking Regulatory Commission (CBRC) introduced three new indicators into a draft revised rule on liquidity risk management that will take effect March 1, 2018.

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The Chinese and Bulgarian theaters will collaborate on events, such as an international cultural festival, and help develop cultural and artistic products in both countries.

The Chinese central government firmly supports relevant departments and personnel of the HKSAR government in performing their duties according to law, to prevent, stop and punish any act and activity that violate the national security law and other laws of Hong Kong, the spokesperson said.

The China market has the potential to be worth over A billion (.31 billion) by 2020, he added.

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The CVEA was founded in 1917 by dozens of Chinese figures in educational and industrial fields.

The Central Commission for Discipline Inspection of the Communist Party of China (CPC) and the NSC announced last month that Jiang had been expelled from the CPC and dismissed from public office over serious violations of discipline and laws.

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The China Development Bank is a major player in the BRI. By the end of 2017, it had financed 600 projects along the BRI route, with accumulated lending exceeding 0 billion.

The CSRC will work to promote the healthy development of internet equity financing activities and strengthen regular supervision of internet fund sales businesses.