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In the fixed-asset investment sector, from January to August, the city turned from negative growth to positive with an increase of 0.6 percent year-on-year.

In the first seven months of 2018, Chinese companies raised investment in 54 countries along the Belt and Road. The 8.55-billion-U.S. dollar newly added investment represented an 11.8 percent increase year on year.

In the group's latest meeting on Wednesday, Xi called for solid moves to advance reforms.

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In the country's capital, floods did not hamper business activities as they did not reach the center of business, the spokesman told Xinhua in a text message.

In the first quarter of 2020, the economy contracted 4.8 percent compared with growth of 2.1 percent in the same period of 2019. The second quarter ends June 30 and will show a sharp contraction.

In the first half of the year, the value of newly-added market-oriented debt-to-equity swap projects in central SOEs reached 20.2 billion yuan (about billion), according to Peng.

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In the United States, DAS filed a lawsuit against a former BBK president and received 14 billion won ( million) in damages through the former BBK head's personal bank account in February 2011 when Lee was in office.

In the energy sector, the US already is shipping some liquefied natural gas to China and said it could negotiate any type of contract, including long-term contracts, with US suppliers.

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In the Government Work Report, Li said that the government's moves to cut taxes on this occasion aim at an accommodative effect to strengthen the basis for sustained growth while also considering the need to ensure fiscal sustainability. It is also a major measure to lighten the burden on businesses and boost market dynamism.

In the first half of this year, 24 million foreign tourists visited China, a year-on-year increase of about 67 percent, according to the Ministry of Culture and Tourism.