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The central bank is likely to inject more liquidity to stem the rise in funding costs, said Lu. "We do not expect any reserve requirement ratio cuts or rate cuts before the end of this year, but expect some more liquidity injections via low-profile channels, such as medium-term lending facility and relending instead of high-profile RRR cuts."

The central area of Haishu district has become a new hub of the district's intelligent manufacturing industry.

The city exported 0 million worth of crayfish to more than 30 countries last year, ranking first among Chinese cities. Related industries created 150,000 jobs and helped lift 20,000 people out of poverty.

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The center is a flower trading and service platform built by Lanzhou New District Modern Agricultural Investment Co Ltd and Kunming International Flower auction Trading Center Co Ltd.

The city, recognized as the most livable city three years running by the Chinese Academy of Social Sciences, aims to boost new sectors — including a new generation of intelligent technology, new energy and high-end equipment manufacturing.

The city of Shanghai is serious about achieving big-ticket technological breakthroughs, and is rolling up its sleeves to make them happen.

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The ceremonies bring to an end a visit Macron needs as a boost to France's standing on the world stage - one which could also help a US leader left short of international friends by his stance on free trade and climate change.

The city has set itself a target of being carbon neutral by 2050 and Rees hopes to raise between 800 million and 1 billion pounds of investment in low-carbon energy infrastructure, including solar and wind energy installations and biomass heating systems.

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The city is currently in the process of making a five-year plan (2018-22) on promoting the development of IAB industries.

The city aims to expand the tree plantation area in the district to 120,000 mu (8,000 hectares) from the current 100,000 mu while expanding demonstration plantation bases on par with good agricultural practices from the present 35,000 mu to 50,000 mu by 2023, according to Huang Xiaomeng, director of the district's publicity department.