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The report cited deleveraging and risk prevention as core macro-economic policies this year.

The report released by the China Internet Network Information Center noted that China's online retail sales in the first half of 2020 had risen by 7.3 percent year on year to exceed 5.15 trillion yuan (about 8.5 billion), citing National Bureau of Statistics figures.

The report is based on analysis of the 2018 statistics from China's population information system, which is the world's largest, covering the nation's nearly 1.4 billion people.

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The report on the enforcement of the renewable energy law was submitted on Tuesday to the ongoing bimonthly session of the National People's Congress (NPC) Standing Committee.

The removal of Huawei equipment sooner than 2027 would lead to a further delay to roll-out and higher cost to the British economy, said the new report. The report, commissioned by Huawei, builds upon the government's own expectation of a 3-year delay to 5G roll-out.

The renewed shelling on Monday has heightened fears of an intensified escalation between the two South Caucasus countries.

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The regional emergency management administration said that influenced by weak cold air and warm and humid air currents from the sea, rainstorms had affected 21 counties of seven cities in Guangxi.

The report predicts tourist visits will increase by 4.2 percent to 12.82 billion in 2020, and tourism income is predicted to reach .02 trillion.

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The report said the bid talks are close to the end as Ofo is underpriced at .4 billion by the two buyers.

The report also said that the Belt and Road Initiative has generated significant interest among countries in region, given their substantial infrastructure needs and China's ability to offer the expertise to deliver large-scale infrastructure projects.