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The attitude is in line with the central leadership's judgment in 2014 that China's economy had entered a "new normal," featuring medium-high growth rather than fast growth, upgrading of economic structure and innovation.

The authorities have exercised restraint so far, it is to be hoped these more aggressive tactics are not needed.

The balance of inclusive finance loans to micro and small enterprises increased by 36.45 percent to 510.92 billion yuan. The growth rate was higher than the overall growth rate of loans of the bank by 27.65 percentage points. The annualized yield of such inclusive finance loans granted cumulatively was 4.68 percent.

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The authorities and universities attributed the situation to multiple factors, including the shrinking number of young people due to the low birth rate and the exclusion of students from outside Taiwan in the statistics.

The ban, however, has caused some problems for Filipinos working in China. Some of these workers returned to the Philippines during the Chinese New Year holiday. But these workers are now stuck in Manila's airport.

The authorities said they will review the qualifications of companies and check the veracity of the vacancies.

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The biggest advantage for the Chinese tech companies is the tremendous Chinese market behind them, he said.

The awards revealed by the Institute of Structural Engineer (IStructE) were divided into 12 categories to show the diversity of global engineering excellence, among which HZMB was shortlisted in the award for construction innovation.

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The biggest success of the NAFTA renegotiation, according to de la Cruz, is that it preserves the chapter on dispute resolution, which lets the partners settle trade conflicts on an equal footing.

The author is a freelance journalist for China Daily.