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The coronavirus outbreak won't prompt international companies to transfer production to other nations because an efficient supply chain takes years to develop, and it's impossible to move and replicate it on short notice, he said.

The conference was co-hosted by the association and the China Foreign Languages Publishing Administration.

The coronavirus has run rampant on college campuses, with at least 214,000 cases this year and 75 deaths, according to The New York Times.

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The country will continue to stabilize macroeconomic policies, market expectations and the financial market, by sticking to its proactive fiscal policy and prudent monetary policy, taking forward-looking and effective macroeconomic regulation measures, and properly defusing risks, he added.

The connection between the media and the audience should be strengthened by applying more new technologies and adhering to the people-centered principle, the guideline said, and that the platforms had to be more engaged with their users and produce content they like.

The conferences saw 49 key projects being inked for a total value of 92.5 billion yuan (.6 billion), including 27 funding projects totaling 30.66 billion yuan. The funding projects will be in fields such as commercialization of technological research results, entrepreneurship, integrated circuits, healthcare, digital economy, new energy vehicles and cultural industries.

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The contract for settlement in June 2020 closed 0.09 percent lower at 99.52 yuan. The contract for settlement in September 2020 closed 0.07 percent lower at 99.23 yuan.

The country plans to earn .5 billion from 1.2 million tourists during the 2017/18 Fiscal Year that started July 9.

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The continual reform toward a more market-based and flexible foreign exchange regime, along with further opening-up of China's financial sector, is expected to improve the renminbi's international usage, said experts, as the renminbi's exchange rate will float closely around the equilibrium level.

The contract for settlement in December 2020 closed 0.24 percent lower at 99.52 yuan. The contract for settlement in March 2021 closed 0.24 percent lower at 99.15 yuan.