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The current products will transform into floating-income financial products that are open for purchase and redemption every week or every month, and have no expected rate of return.

The coupons offered by the government have played an important role in boosting consumption, according to online commerce giant JD.

The country's top graft watchdogs released the names of seven officials involved in the misuse of public funds for banquets and tours, acceptance of gifts, and the awarding of unauthorized allowances or bonuses, among other violations.

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The deal could potentially put an end to the brinkmanship over spending that has periodically roiled Washington and that resulted in funds running out for the government in January.

The country's gold reserve increased to .9 billion by the end of October, up from .3 billion in September, according to the central bank.

The country's tourism revenue rose by 10.5 percent year-on-year to 5.97 trillion yuan (1 billion) in 2018.

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The deal is expected to close in the second quarter of 2018.

The country's market players and the Chinese people have shown strong resilience in the face of the fallout from the pandemic, and have been the strongest support for the country's economic fundamentals, he said.

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The country's services sector continued to rebound strongly, with the services PMI rising to 53.4 from 52.3 in a return to precoronavirus levels.

The country's epicenter of the virus, Western Cape province, had recorded 30,379 infections and 729 deaths, accounting for more than 66 percent of the country's total and more than 76 percent of the nationwide death toll.