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The president said he was considering a plan to halt domestic flights to coronavirus hot spots inside the US as a "hell of a bad two weeks" loom ahead with 100,000 to 240,000 people projected to die of COVID-19, even if social distancing guidelines are maintained.

The projects will require innovative financing mechanisms - a mix of public and concessional finance and commercial capital, Kim said.

The profit growth of Chinese industrial firms turned positive for the first time this year in May as cost pressure due to the COVID-19 epidemic eased, the National Bureau of Statistics said on Sunday.

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The properties will continue to operate under the Wanda brand, with the company managing the design and quality control of the construction projects, it said.

The president said that China had made remarkable progress in combating crimes of various kinds and building its crime-prevention system.

The prices of pork and vegetables rose in June without seasonal factors, which reflects an improvement on catering consumption to drive up the demand on food; moreover, the recent cluster outbreak of COVID-19 in Beijing has affected the demand of imported and frozen meat while the demand of fresh pork is increasing, further pushing up the pork price. As a result, the growth of CPI in June is expected to grow 0.1 percentage point to 2.5 percent from a month earlier, said Securities Daily, citing Lu Zhengwei, chief economist at the Industrial Bank.

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The project has already been reported to the National Development and Reform Commission and construction is expected to start soon in Ezhou, a city near Wuhan, the capital of Hubei province.

The producer price index, which measures costs for goods at the factory gate, climbed 6.3 percent year-on-year, compared with a 1.4 percent drop in 2016, ending the declining trend during the past five years.

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The procuratorate in Henan found that from May 2008 to April 2015, Guo told the three to set up shell companies and fabricate contracts and projects to fraudulently obtain loans and for banks to accept financial bills, worth a total of 1.44 billion yuan (about 211.05 million U.S. dollars).

The program is part of a three-year agreement announced by Victorian Premier Daniel Andrews which will see students make the journey to Huawei every year.