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China will push "targeted integration" in its centrally administered State-owned enterprises this year to improve their efficiency and encourage qualified SOEs to go public, the country's top State assets regulator said on Wednesday.
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RELX Technology unveiled its first flagship store in the country as the company eyes a further presence at home and abroad. The opening came with the firm's plan of investing 600 million yuan ($87 million) over the next three years with an aim of building 10,000 stores globally.
More foreign-invested banks will be allowed to underwrite bonds issued by the local governments in China, as part of the country's financial sector's further opening-up efforts, experts said.
China will continue to maneuver its macro policies and boost the market expectation in 2020 to ensure economic growth will remain within a reasonable range, Premier Li Keqiang said.
East China's Jiangsu province saw rising research and development investment last year. The total R&D investment exceeded 270 billion yuan ($39 billion) in 2019, accounting for 2.72 percent of the province's GDP. More than 80 percent of the total was made by enterprises.
Belgian beer, Thai rice, New Zealand milk, Norwegian salmon, Canadian Arctic sweet shrimp and Chilean cherriesthese are just a small part of a long list of affordable options for Chinese consumers from lower-tier cities and towns to welcome the Chinese Lunar New Year, which will fall on Jan 25 this year.
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Author: Producer Emilio Mendez
Speaker: Caroline Parraguez
Edition: EAcham
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