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The local government now plans to invest about 5 billion yuan to build a musical theme town covering 3.8 square kilometers.

The local public security department and border control patrol jointly opened up a special channel on Wednesday for Taiwan residents to get travel permits at Pingtan's Aoqian Port.

The main purpose of strengthening oversight of false lawsuits is to facilitate the development of a thoroughly credible system, Zhang said.

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The leading three telecom companies have pioneered this technology with manufacturing companies as the internet of things starts to take shape. "The appearance of NB-IoT has opened up a new era," said Zhang Shunmao, president of the Marketing & Solution Department for Products and Solutions at Huawei Technologies Co Ltd, a leading smartphone manufacturer.

The low-carbon transport sector attracted 33 percent of the investment funds raised from green bonds, the largest share in China, followed by the energy sector at 28 percent.

The long distance and flight time is certainly a factor, but Xiao said the difficulty of gaining a tourist visa is more important. "A US visa requires a face-to-face interview. There are very few US visa centers in China, and applicants may be rejected," he said.

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The liquidity matching ratio, which applies to all lenders, gauges how well the banks' assets and liabilities are matched in maturity.

The main priority for Venezuela is economic recovery, the president said, adding that he is dedicating his main efforts to guaranteeing peace and overcoming the country's economic woes.

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The market is forecast to see a price correction this year when sellers face pressure to sell off properties in the tepid market, the Savills report stated.

The major indices also got a boost from economic data showing strong job growth. S&P Global Ratings said the coronavirus outbreak, also called COVID-19, will trim US growth in the first half of the year but the economy will strengthen in the second half.