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Meanwhile, competition between banks and mutual funds will intensify, as banks' fixed income products and wealth management products leaning toward cash management are likely to squeeze the market share of similar products offered by mutual funds, said analysts at Huatai Securities Co Ltd.

Meanwhile, the State Administration for Market Regulation has called for greater efforts to ensure food safety as local authorities encourage growth of the nighttime catering sector.

Meanwhile, State-owned carriers Air China, China Eastern Airlines and China Southern Airlines have started to shift a small part of their flights to Daxing airport. Juneyao Airlines, Hebei Airlines and Capital Airlines will operate solely at the new airport.

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Meanwhile, 1.12 percent of the installed wind and solar power generating capacities in the northern province were left idle in 2018, down 4.03 percentage points from the previous year.

Meanwhile, Lam said she would depart for Shenzhen with a group of high-ranking officials later on Monday afternoon to attend an event on Wednesday marking the 40th anniversary of the founding of the Shenzhen Special Economic Zone, where President Xi Jinping is expected to deliver a keynote speech.

Meanwhile, about 27 percent of 692 firms failed their IPO applications.

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Meanwhile, Tang Shiqi, deputy dean of School of International Studies at Peking University, said Abe's recent positive remarks regarding the initiative reflects Japan's willingness to improve relations with China as well as recognizing the importance of the initiative.

Meanwhile, local governments and financial institutions have forced the central government and the central bank to undertake the high costs of bailout programs, on the ground of ensuring social stability.

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Meanwhile, Prime Minister Justin Trudeau further urged Canadians to stay united and warned against the rise of discrimination as fears of the coronavirus spread.

Meanwhile, as a trade deficit is the flip side of capital surplus, it indirectly fills the gap of domestic savings and investment.