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The funds have a maximum maturity of three years and an annual interest rate of 3.15 percent, 15 basis points lower than the existing medium-term lending facility (MLF), the People's Bank of China (PBOC) said on its website.

The government will continue to closely monitor the situation and roll out measures as necessary to maintain the vitality of the economy and pave the way for a speedy recovery once the threat of the epidemic recedes, Au said.

The four-day Seventh Plenary Session of the 18th Central Committee of the Communist Party of China concluded on Saturday in Beijing with a statement issued about the meeting.

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The government will carry out 24 key projects to improve protection including adjusting the lists of key wild animals and plants under state protection, the newspaper quoted a work plan as saying.

The government is reviewing the debt situation of small and medium-sized enterprises and will optimize its policy to allocate more support to them in these difficult times, he said.

The government claims reforms are necessary for India's huge farming sector, which accounts for nearly half of the country's workforce but contributes only 16 percent of GDP.

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The fund was designed to provide assistance in the construction of Africa's high-speed rail network, highway networks and regional aviation and industrialization. The main beneficiaries of the fund are sectors such as manufacturing, new technology, agriculture, energy and mineral industries, infrastructure development projects and financial cooperatives.

The global spread of the contagion has brought serious challenges to overseas operations. Nevertheless, CRCC has managed to win new bids abroad.

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The funkiest category of baijiu is known as sauce aroma. It is best typified by Kweichou Moutai from Guizhou province, which is not only China's most famous booze company but also, as of last year, the world's most valuable. (Kweichou Moutai leapfrogged Diageo, which includes the whisky brand Johnnie Walker in its portfolio.)

The government will expand a pilot reform in Shanghai's Pudong New Area to simplify obtaining a business license by separating it from administrative approvals involving 116 approval items. The reform will be expanded to 10 free trade zones across the country. Provincial governments are authorized to extend the measures to eligible national-level new areas.