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The central government seeks the best for Hong Kong, stressing social stability, essential for economic development, and rule of law, essential for social development. Beijing will defer to the local Hong Kong government as much as possible and as long as possible, thus sustaining the "one country, two systems" policy.

The central bank kept the new benchmark lending rate, the oneyear loan prime rate (LPR), at 4.2 percent this month, unchanged from the level in September. The People's Bank of China, the central bank, has an obligation to report this rate on the 20th day of each month.

The city's bourse also allows companies with different classes of voting stock to list in Hong Kong. This works for Alibaba, which has a complex governance structure that gives founder Jack Ma and other executives more say than other shareholders.

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The central bank again disappointed the market, as no signal of monetary easing has been released.

The central parity rate of the Chinese currency strengthened 109 basis points to 6.7075 against the US dollar Wednesday, the highest in 10 months.

The central environmental inspection team exposed 1,022 cases of pollution in the Tibet autonomous region during a month of random checks, the Ministry of Environmental Protection said on Wednesday.

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The city has launched an outdoor dining initiative to boost the business of restaurants. Over 20 Open Streets now have Open Restaurants on them, providing dining services on every Friday and weekend throughout the summer.

The city has held 31 sessions of Guan Gong Culture Festival, attracting people throughout the nation to pay homage.

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The central government fully supports the HKSAR's future work plan put forward by the chief executive during her duty visit to Beijing earlier this week, Xi said, expressing the hope that all government departments of the HKSAR, under the leadership of the chief executive, will continue to perform their duties while closely coordinating with each other.

The center will also hold a series of activities such as exhibitions, themed forums and displays of high-quality scientific and technological projects to boost in-depth intercourse on the subject of research transfer.