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The central bank officials' comments, analysts said, helped quell concerns and stabilize market sentiment as both onshore and offshore traded yuan strengthened after their remarks were reported. In the first quarter, the yuan strengthened rapidly, followed by a turnaround beginning in mid-April. It sharply depreciated by 3.3 percent in June, the largest monthly drop ever.

The city of Wuxi in East China's Jiangsu province has been an industrial leader in the country for more than 100 years in terms of manufacturing prowess. Today it continues to lead with its development of advanced technology, specifically the internet of things.

The city will also speed up construction of the Guangzhou campus of Hong Kong University of Science and Technology.

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The children face the "impossible choice" of leaving their country with their parents or staying without them, according to the suit.

The city was selected before the US had any known of any coronavirus cases, not because of the outbreak that erupted there, officials said. Washington state has been hard hit by the virus, with more than 670 cases to date.

The central government said in May that funds would be made available to the prefecture-and county-level governments, through the special transfer payment mechanism, as a part of the nation's fiscal stimulus package to support the government's basic operations and mitigate the COVID-19 impact on businesses and households.

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The city's Justice Bureau, which is drawing up the rules, said it is ironing out procedures for recruiting legal professionals from overseas and their qualification requirements.

The central bank may be under pressure to offer liquidity support via open-market operations in December, especially given the rising market interest rates amid the recent and potential market vulnerability, analysts said.

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The ceremony to present the medal－a top honor intended for foreign friends of the country－was held at the Great Hall of the People in Beijing.

The central bank, with other financial regulators, rolled out 30 policy measures to support enterprises heavily affected by the epidemic, particularly small and micro ones, private enterprises and the manufacturing sector.