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Premier Li Keqiang has called for resolute efforts to expand domestic demand with multiple measures to promote the rebound of consumer spending and spur the growth of online retail sales to stabilize China's economic fundamentals and restore growth.

President Xi Jinping has mentioned Xue's work many times in speeches as an example of Chinese scientists breaking new ground in fundamental research. In January, Xue received first prize in the State Natural Science Award, China's highest accolade for breakthroughs in basic research.

Premier Li Keqiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee,visits a rice-growing village in Mudanjiang, northeast China's Heilongjiang province, Aug 19, 2019. [Photo/Xinhua]

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Pompeo's remarks follow tensions between the United States and Turkey over the fate of Washington's Syrian Kurdish allies in the fight against the Islamic State group.

Preferential tax policies have also been introduced to facilitate imports of high-end equipment to encourage the country's industrial upgrading.

Powell did not explicitly state the Fed will cut rates, but laid out the case for such action. He said consumer spending and employment are strong, but the economy is slowing in Asia and Europe, and that could mean trouble ahead for the US. However, other members of the Federal Reserve are skeptical about the need to cut rates now.

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President Donald Trump tweeted Wednesday that the United States will temporarily close its border with Canada to "non-essential traffic," and the decision was made by mutual consent.

Pragmatic cooperation of mutual benefit and deepening exchanges aided with more dialogue to ease tension will help China and the United States avoid a trade war and enable their economic relations to contribute more to their own growth and the global economy.

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Premier Li Keqiang also extended his condolences to Egyptian Prime Minister Sherif Ismail, those injured in the attack and the families of victims.

President Xi Jinping