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The banking commission also said that it will prevent banking funds from illegally entering the real estate sector.

The average nonperforming loan rate was 1.49 percent in 2016, higher than 1.36 percent in 2015, but the level is still at a reasonable and stable level, and would not cause large-scale risks, according to the report.

The autonomous region, heavily inhabited by China's most populous ethnic minority Zhuang and many other minority groups, was established in 1958. It has been a major front in China's ongoing battle against poverty.

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The biannual forum was launched in Beijing in 2013. In 2015 the second session was held in Sofia, Bulgaria.

The assessment center will be operated by Horinger New Area, an economic transformation area in Hohhot where big data industries are top development priorities, and Youedata, a leading big data company in the field.

The author is a senior counsel, law professor and criminal justice analyst, and was previously the director of public prosecutions of Hong Kong. The views do not necessarily reflect those of China Daily.

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The authority announced the plan at a news conference for the first session of the 15th Beijing People’s Congress, which opened on Wednesday.

The beverage is White Silver Tip, from the mountains of Fujian in far eastern China and one of the most prized teas in the world.

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The bar, with a space of 700 square meters, was located on the top floor of a three-story steel-framed building, in Youjiang District.

The artificial intelligence software and application market in China was worth .89 billion last year, and the figure is expected to reach .75 billion by 2024.That would represent a compound annual growth rate of 39.9 percent during a six-year period, said a report released by International Data Corporation, a global research and marketing services company.