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Chinese Premier Li Keqiang has signed a State Council decree unveiling a regulation on the management of state assets owned by administrative institutions.
China will continually use fiscal tools for economic stabilization this year, with an underlying focus on sustainable measures for increasing employment and output by adjusting taxes and government spending, experts said.
A subsidiary of China Electronic Technology Group Corporation (CETC) has developed full series of homegrown ion implanters for chipmakers, the CETC said in Beijing on Wednesday.
STOCK INDICES
Shanghai Composite 2789.25 3.40% 16/03
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Dow Jones 20188.52 12.93% 16/03
Nasdaq 6,904.59 12.32% 16/03

 

With per capita disposable income growing steadily over the years, China has pledged in its development plans to increase urban and rural residents' property income through multiple channels.
China's plan to expand and modernize its transport network will boost connectivity, the allocation of global resources, and trade across the globe, experts have said.
China is pushing a "dual circulation" development pattern to sustain growth in the coming years, building up strength in both domestic demand and foreign trade to meet challenges in a new development stage.
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