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Interests and resources are relatively concentrated in the financial sector, and financial corruption cases often affect the stability of financial markets and economic development, causing great harm to society, it said.

Iran's ambitious program of rail construction and upgrading has attracted a lot of Chinese companies to participate, especially those big SOEs. The State-owned China Railway Engineering Corp is building a 415-km high-speed rail line between Tehran and Isfahan via Qom. In January 2018, a subsidiary of China Railway Construction Corp won a 3.53 billion yuan (3 million) contract to build a 263-km railway in western Iran between Kermanshah and Khosravi. In March 2018, China National Machinery Industry Corp signed a contract to build an 5 million railway connecting the Iranian cities of Tehran, Hamedan and Sanandaj.

Internet-related IPR cases have been surging in recent years because of the rapid development of the sector, he said.

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Instagram co-founders Kevin Systrom and Mike Krieger, who resigned abruptly last week as the firm's CEO and CTO, respectively, said Monday that they are pleased to announce Adam Mosseri, a long-time Facebook veteran and Instagram vice president of Product, took over the reigns of the photo-sharing site starting on Oct 1.

Investment in service industries, such as retail, tourism, education and healthcare, is a top priority and will help to diversify Liaoning province's economic development in the long run, business leaders said.

Introduced in late 2015, the policy aimed to boost car sales by halving the purchase tax on cars with engines at or below 1.6 liters.

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Inside the mind of Ken Jennings

Investors who bought properties in coastal cities in Hainan province may only live in property for a couple of months, and leave the property empty for the rest of the year, which may put great pressure on public resources, and cause a great waste of land resources.

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Investment

Investors check share prices at a securities brokerage in Chengdu, Sichuan province. [Photo/VCG]