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Signals released by the financial regulatory body suggested a shift of emphasis by policymakers, which is in line with some earlier official announcements from a series of top-level meetings, in an effort to boost domestic demand and bolster support for the real economy, said Louis Kuijs, head of Asian economics at the think tank Oxford Economics.

Since 2015, Huawei has paid more than billion in royalties to legally implement the IP of other companies, with nearly 80 percent of that paid to US companies. At the same time, the company has received over .4 billion in patent licensing revenue since then, data from Huawei show.

Siew Wan-chang, honorary chairman of the Taiwan-based Cross-Straits Common Market Foundation, said at the ceremony that the measures will deepen development and establish a joint market between Taiwan and the mainland.

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Shi Rong visits a kindergarten in Guiyang to publicize security awareness against abduction. [Photo provided to China Daily]

Shenzhen residents can apply to participate in the draw starting Friday. The winners will be notified on Oct 12 and can download an app to receive their red envelopes.

Shenzhen in Guangdong province has transformed from a tiny fishing enclave in the 1970s to one of China's most flourishing cities filled with successful tech companies and startups.

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Shenzhen tested every person who might have made contact with the goods, and all the close contacts of the sample that tested positive were subjected to health monitoring and management.

Shopkeepers and members of the public are still allowed to share footage from security cameras with the police if there has been a crime.

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Shortly after the bill was unveiled, Republican Senator Lindsey Graham of South Carolina said the bill would be "devastating" to the US economy "which relies on this immigrant workforce."

Shipbuilders apply traditional skills to craft a wooden boat in Zhangwan, Fujian province. [Photo/Xinhua]