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It called for the quickened establishment of a new development pattern which gives full play to the advantages of a huge domestic market, so that domestic and foreign markets can boost each other. It also said the domestic market should be the mainstay, emphasizing the need to tackle challenges from a protracted-war perspective.

It has also spelt out the requirements on information disclosure, data protection and loan collection to better protect consumers. The new rules also aim to safeguard banks against risks resulting from third-party cooperation through enhanced qualification requirements and sufficient disclosures to borrowers, Morgan Stanley analysts said in a research note.

It has been a tradition for the federation to give subsidies to underprivileged workers during the New Year's and Spring Festival holidays since 1992.

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It also set up offline experience centers in first-and second-tier cities across the nation, such as Beijing, Shanghai, Tianjin and Qingdao.

It also plans to tap into the social e-commerce sector, which is currently in its testing phase.

It exported high-quality pure iron to Cote d'Ivoire, to make grounding conductors used in the country's high-voltage power grid upgrade.

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It currently serves more than 160 countries and regions in the world. Besides China, major overseas markets include Japan, the United Kingdom, Germany, France, Italy, India and South Asia. It first began marketing in China in 1995.

It also affirmed the foreign exchange reserve manager's role as a "responsible investor" and emphasized its investment behavior has contributed to the stabilization of international financial markets and helped support the value of the reserves.

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It does not replace Article 69 of the Basic Law and, therefore, must not be perceived as such. That is why the decision approved by the NPCSC also maintains that the term in office of the seventh-term council members shall be four years as stipulated in Article 69 of the Basic Law.

It added services for taking care of children in rural areas of China will be improved.