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The China Insurance Regulatory Commission signed a memorandum of understanding with 30 ministries and regulators including the People's Bank of China, and the National Development and Reform Commission, to jointly crack down on illegal activities in the insurance sector, and they vowed to hold wrongdoers accountable.

The Chinese delegation said that creating a market environment of fair competition is in line with the general direction of China's reform and opening-up, and therefore China will actively address relevant US concerns.

The Chinese currency is likely to see a steady rise as the yuan interest rate is relatively high and its international use increases, economists attending a quarterly meeting organized by the Securities Association of China agreed.

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The China Banking and Insurance Regulatory Commission said on Jan 3 that household savings should be guided into the capital market.

The Central Commission for Discipline Inspection said 388 people in 20 provinces and regions, including Beijing and Shanxi and Fujian provinces had received administrative or criminal penalties.

The China Cuisine Association said the epidemic is estimated to have caused losses to the Chinese catering industry of about 500 billion yuan (.6 billion) during the Spring Festival holiday (Jan 24-Feb 2), which is normally a peak time for the sector.

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The Chinese automaker received Bogestra's order in last September. The rest of the buses are expected to be delivered by October and serve in cities including Bochum and Gelsenkirchen in Ruhr region, Germany.

The Chicago-based company is not alone as it struggles?with the costs of delivering items to online shoppers.

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The Chinese mainland has done much better than many developed countries in terms of caseload, death rate and economic recovery. Unfortunately, those countries have failed to learn from its experience, Yuen said.

The China-Africa Industrial Cooperation Fund, set up in 2016, has already approved 10 projects worth a total of .7 billion, including funding a million aluminum manufacturing project in Angola by CITIC Construction, research shows.