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Producers of fake or substandard drugs and sellers who sell such drugs with knowledge will be subjected to punitive compensation to victim patients if serious health consequences or death occur, according to the draft amendment.

Previously a farming community, Dicun has become part of the city as Taiyuan has expanded in recent years.

Prices of these drugs have been marked down by over 50 percent on average, said Yu.

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Production of digging machines surged 70 percent as urbanization picked up in pace.

Private entrepreneurs are sensitive about the market, said Tu Jianhua, chairman of the industry and commerce federation in Southwest China's Chongqing municipality. "They bring market-based methods and ideas to the countryside, and better adapt to small rural businesses. What's important is, it's a win-win thing."

Property sales had surged over two years of pro-growth policies before Chinese authorities moved to contain speculation in the second half of last year. Local governments have since raised down payments, increased mortgage rates and restricted purchases.

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Previously, PSA had planned to ship 55,000 engines to its European assembly plants from July 2017 through May 2018, but has reported additional shipments since September due to increased orders. The demand from Europe will reach 30,000 units in the first two months of 2018 alone.

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Professor Marc Parlange, provost and senior vice-president at Monash University in Melbourne, said Australia's prosperity will be determined by how well it advances research and innovation to address the many hurdles that the nation and others across the world will face in the decades ahead.

President Xi Jinping will attend the opening ceremony of the Belt and Road Forum for International Cooperation in mid-May and deliver the keynote speech, Foreign Minister Wang Yi said on Tuesday.