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Speaking with Xinhua, Rahimi confirmed that the blast took place at 10:10 a.m. local time, leaving 10 civilians dead and injuring 42 others.

Specifically, in provinces other than Hubei, micro, small and medium-sized enterprises will be eligible for a waiver of the above-mentioned contributions from February to June. Large companies will see their contributions halved from February to April.

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Specific fields of cooperation include countering terrorism, drug trafficking and cross-border crime, as well as cybersecurity. These collaborations will help bring greater peace and stability to benefit the people and socioeconomic development of SCO members, he said.

Speaking at the Virtual Event of the Opening of the 73rd World Health Assembly on May 18, Xi announced that China will provide billion over two years to help with COVID-19 response and with economic and social development in affected countries, especially developing countries.

Sovereign equality and multilateralism still remain the mainstream in today's world, he added.

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Special loan concessions, with lower lending rates offered by a looser monetary policy, will facilitate financing measures to stabilize the real economy, but it may lead to further buildup of financial risks in light of China's already-high debt leverage, according to Fitch Ratings.

Speaking at a media briefing earlier this month, Constantine said that each city will have a chance to provide its own “package of opportunities and incentives.” However, he pointed to a prohibition on “gifted public funds” in Washington state. “Unlike some other states, we cannot simply provide cash subsidies to companies in order to come here,”?he explained.

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Speaking of the recent downtrend of China's A-share market, Xue said uncertainty in economic and financial policies has raised investors' aversion to risky assets such as stocks.

Specific additional deductions were introduced for the first time and were announced over the weekend. They include six areas: children's education, continuing education, healthcare treatment for serious diseases, mortgage interest, rent and eldercare.