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The HSBC dividend-cut incident also ignited a clamor in the Hong Kong financial market that the UK-based bank should relocate its headquarters back to Hong Kong. The bank had moved its headquarters to London when it completed its acquisition of Midland Bank in the UK in 1993.

The Huangpu government signed a cross-border service cooperation agreement with several commercial financial organizations on Tuesday, to simplify the procedures of business application and registration for investment from Hong Kong and Macao.

The Greek government has recognized how the initiative will help the country realize its national strategy of becoming a transportation, energy and economic hub for the Balkans, the Mediterranean region and North Africa.

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The HKSAR government reiterated that the amendments are meant to protect the law-abiding general public in Hong Kong and business activities from the threat of crime.

The Hong Kong delegation planned to discuss Guangdong-Hong Kong-Macao Greater Bay Area development and Shenzhen-Hong Kong cooperation with local officials in Guangzhou and Shenzhen on Saturday.

The Hong Kong Monetary Authority had also taken steps to bolster the economy by injecting an additional HK0 billion (.6 billion) to HK0 billion in credit, and reducing the counter-cyclical capital buffer from 2.5 percent to 2 percent for local banks in mid-October.

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The General Administration of Customs issued 10 measures to support the development of China-Europe freight train service, stabilize trade growth and help work resumption at export-oriented firms amid the coronavirus outbreak.

The IITE, founded in 1985, is a non-profit research organization affiliated to the Development Research Center of China's State Council, tracking and analyzing trends in world scientific, technological and economic development. 

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The GDP of Zhejiang, Jiangsu and Guangdong provinces expanded by 7.1 percent, 6.5 percent and 6.5 percent, respectively, in the first six months, outpacing the country's 6.3 percent figure, the NBS said.

The Fed said the US labor market has "continued to strengthen" and economic activity has been "rising at a strong rate", with household spending and business fixed investment growing "strongly".