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The fourth plenary meeting of the first session of the 13th National People's Congress (NPC) is held at the Great Hall of the People in Beijing, capital of China, March 13, 2018. China Tuesday unveiled a massive cabinet restructuring plan to make the government better structured, more efficient, and service-oriented. The institutional reform plan of the State Council, affecting dozens of entities, was submitted to the first session of the 13th National People's Congress for review, pending approval. If passed, it will be China's eighth cabinet restructuring since 1982. (Xinhua/Yao Dawei)

The global smart speaker shipments grew an astonishing 197 percent year-over-year to reach a record 22.7 million units in Q3 2018 and Chinese market accounted for 30 percent share of global smart speaker shipments in the past quarter, up from 5 percent in Q3, 2017, the report said.

The fundamentals for China's long-term sound development stayed unchanged, Wen said, adding that the short-term stability of foreign exchange reserves could be guaranteed, given that renminbi assets remained attractive to foreign investors.

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The free program unveiled Thursday is tightly focused on computer science as part of the STEM (science, technology, engineering and math) disciplines. Amazon says it’s taking a long, childhood-to-career perspective with the program. Elements include coding camps and online lessons, paying for introductory and Advanced Placement (AP) computer science courses, as well as underwriting college scholarships for degrees in computer science.

The government will drop social distancing restrictions form midnight on Monday as it moves to a level 1 national alert from Level 2, Ardern told a news conference.

The go-global plan necessitated enhancement of its operations and management capabilities, which may now hold the company in good stead, in the context of the post-COVID phase. The rapid recovery of business in China from the COVID onslaught has helped put Chinese companies in a relatively better position for their overseas development. But they need to make breakthroughs and upgrade their products, branding, and innovative capabilities to become truly world-class, said Fang.

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The funds will also be used to assist major pig farms and breeding farms in building facilities for purposes ranging from epidemic prevention to automatic feeding.

The fresh round is likely to stave off rumored calls for it to merge with archrival Mobike, which is backed by Tencent Holdings Ltd and operates its iconic orange fleet in more than 200 cities in countries including Chile, Singapore and the United Kingdom.

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The goal is to vitalize small and medium-sized enterprises, reduce their burden and support their development, as stable development of enterprises helps boost employment, he said.

The four high-level dialogue mechanisms were established by the two presidents during their Mar-a-Lago meeting in April at Palm Beach, Florida.