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Local SOEs are also making full use of this approach. Two coal companies in North China's Shanxi province in March signed debt-to-equity swap agreements with the local State-asset regulator and China Construction Bank, worth a total of 20 billion yuan ( billion).

Local authorities have trained more than 100,000 women to set up e-commerce platforms, which have helped more than 15 million women increase their income, it said.

Located about 150 km northwest of Beijing, Zhangjiakou borders Inner Mongolia autonomous region and features vast areas of grassland and rolling hills. The city covers 36,800 square kilometers, more than twice the area of the capital.

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Local government bond issuances in May totaled 1.3 trillion yuan (3.4 billion), a record, as local governments continued to accelerate fundraising via bonds, despite recent price volatility.

Local investment growth rate eased to 6.5 percent in 2014, lower than the 7 percent regional growth.

Located in Guadalajara and Gerona, the shops are franchises and form part of the "Preferred Store" strategy which will see Xiaomi open around 20 stores in Spain before the end of the year, the company said in a statement.

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Liu, 71, patrols Chenzhou city's Shizikou Mountain by foot, walking more than 30 kilometers every day, and over the years has covered the equivalent of more than 10 circumnavigations of the globe.

Located in the Sino-German Intelligent Manufacturing International Cooperation Demonstration Zone in Shunde district, the park will feature four major areas - smart manufacturing, logistics, healthcare and homes.

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Local authorities must carry out their responsibilities and make careful arrangements to ensure that people can put pork on their tables during celebrations for the upcoming New Year and Spring Festival, Li said during an inspection trip to Jiangxi province on Thursday and Friday.

London-based hedge fund Lansdowne Partners, which made a name for itself with its investment in British online supermarket Ocado in 2012, and New York-based asset manager Darsana have committed 0 million and 0 million respectively.