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Per capita disposable income of the rural population in China has increased at an average 8.5 percent every year in the past five years - faster than the income of the urban population - and more than 55 million rural residents had been lifted out of poverty from 2013 to last year, Han Jun said.

Per Yahoo Finance, Amazon stock tumbled 6.15 percent Wednesday, Microsoft dropped 5.43 percent, Google parent Alphabet was down 5.06 percent, Apple dipped 4.63 percent and Facebook fell 4.13 percent. The Nasdaq, where each of these tech giant stocks are listed, fell 4.08 percent.

Paula Reynolds

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People involved in the case will be prevented from applying for business licenses in the food industry or engaging in food production or management work for five years.

People consult for rates of residential houses in Dubai at an overseas properties fair in Beijing. Many Chinese HNWIs plan to buy properties overseas in the future. [Photo by Wu Changchun/For China Daily]

People sit along the Tsim Sha Tsui promenade next to Victoria Harbour in Hong Kong on September 17, 2020. [Photo/Agencies]

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Phelps' ideas on how to encourage innovation and entrepreneurship have struck a chord in China. Mass Flourishing has sold 10 times as many copies in China as in Phelps' native United States.

Pedicab operator Xu Shijie, 51, leaves for work each morning wearing his trademark red velvet waistcoat and ready to use his self-taught English skills to guide foreigners around Kaifeng, Henan province.

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Pension target funds are mutual funds that encourage long-term holding by investors, adopt mature asset allocation strategies and control the risk of volatility to seek long-term, stable returns on retirement savings.

Phenols are widely used in household products and as intermediates for industrial synthesis to produce plastics and related materials.