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The changes have helped to reduce the time in paying taxes by 20 percent from 259 hours in 2015 to 207 hours in 2016; that is also a reduction of 75 percent since 2004, according to the report: Paying Taxes 2018, which measured the ease of paying taxes across 190 economies.

The central bank also suspended daily reverse repo sales for a second day, which drains 90 billion yuan from the market as the same amount of reverse repos matured on Friday.

The city has long strived to promote the construction of infrastructure and sustainable projects.

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The central government's indispensable oversight is a key guarantee for the proper exercise of relevant authorization and the full and accurate implementation of the "one country, two systems" principle and the Basic Law in the HKSAR, the spokesperson said.

The city's foreign trade rebounded strongly since March, recording double-digit monthly growth ever since, said Pan Xudong, an official with Chengdu customs.

The city followed Beijing and Shenzhen in March last year with a total ban on smoking in public places and workspaces.

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The central bank has banned initial coin offerings last year as part of effort to prevent risks and prevent illegal fund-raising, according to Zhou.

The center will help balance medical resources by raising standards of children's hospitals in neighboring cities, Ni said.

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The chip sector is the greatest foundation of AI, and AI chip market scale will expand up to 10-fold in the coming five years, said Huang Leping, a chief analyst from CICC (China International Capital Corp), during his speech on CICC's report on AI investment that was launched at the WAIC.

The central government will step up its efforts to stamp out inflated and falsified economic data after some local governments in the country cut their gross domestic product growth and admitted fudging key economic numbers, as part of the country's overall efforts to achieve high-quality growth, economists said on Monday.