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Powell said the nation's central bank may have room to reduce rates. In the past, strong employment has often pushed inflation higher, but Powell said the link "has become weaker and weaker and weaker over time".

Preferential tax policies for private environmental protection enterprises should be fully implemented while green finance, an emerging environmental economic policy tool, should be encouraged, said the guidelines.

President Uhuru Kenyatta flagging off the passenger train plying the Nairobi-Naivasha railway. The standard Gauge railway has been financed and built by China. [Photo provided to China Daily]

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Premier Li Keqiang pledged in the 2019 Government Work Report the country will reform and refine monetary and credit supply mechanisms, and employ a combination of quantitative and pricing approaches, such as required reserve ratios and interest rates, in a bid to support the real economy.

President Xi Jinping on Monday sent a congratulatory message to Alexander Lukashenko on his reelection as Belarusian president.

Powerful associations join chorus of calls to rethink risks to the economy

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Preparations for the third China International Import Expo, which will be held from Nov 5 to 10 in Shanghai, are proceeding in an orderly manner, the Ministry of Commerce said on Thursday.

Premier Li Keqiang and Klaus Schwab, founder and executive chairman of the World Economic Forum, attend the opening ceremony of the Annual Meeting of the New Champions 2019, also known as the Summer Davos Forum, in Dalian, Liaoning province, on Tuesday. [Photo by WU ZHIYI/CHINA DAILY]

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Premier Li Keqiang also extended his condolences to Egyptian Prime Minister Sherif Ismail, those injured in the attack and the families of victims.

Pork and egg prices had been dragged down as a result of ample supply and short demand. The high price of eggs and pork in previous years caused farmers to raise pigs and chickens, leading to oversupply.