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Since 2016, China has selected 50 SOEs in three batches to conduct the pilot reform in fields including power, energy, civil aviation, telecommunications and defense.

Shi Yinhong, professor of international relations at Renmin University in Beijing, said the best outcome from the summit would be some kind of truce in the trade conflict between the US and China.

Similarly, the underlying cause of US trade balance and current account deficits is that Americans (including households, firms and governments at all levels) spend more than total income incomes in the US. All households combined spend less than their total incomes, i.e., the household sector is a net saver.

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Since China's restrictions started taking effect, multiple countries such as the United States are looking for new places to send trash. This has led to a spike in waste imports in Southeast Asia.

Shi Fenggang, a ringleader of a mafia-style gang in Changxindian, a town in Beijing's Fengtai district, was elected Party secretary of the town's Xinzhuang village in 2013 after bribing voters and served as director of the village committee. That gave him control of the village's management and he used that power to benefit himself and accomplices by various illegal means.

Since 2018, eight foreign securities companies, two foreign fund management companies, and 20 private securities investment fund managers have entered China's market, the central bank said.

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Shenzhen, which has a permanent population of about 11.9 million people, has more than 3.18 million vehicles, according to the transport authorities.

Should the legislation become law, the border money fight would drag into the next Congress, which could prove even more difficult for Trump.

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Shortage of fund and technology and bad roads were the three main obstacles to Song’s business at the beginning.

Since 2016, similar charity programs have been conducted in 18 cities nationwide, according to Wang Jiangyou, CEO of Xiaomawang. Donation of books and establishment of new libraries will follow. The new charity program will also send voluntary teachers to help relevant educational projects. Hao Xianghong, deputy editor-in-chief of Children's Press & Publication Group, expects the new program will narrow the gap of education among developed areas and those lacking hi-tech approaches by combining efforts from social sectors.