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The court said the two had kidnapped people to extort money and killed the kidnapped boy, and as a result they should be punished for the crime of kidnapping. The sentences were given according to the roles of the defendants in the crime, the facts and consequences of the crime, and the social harm.

The crops planted on farmland in Yanglang village of Guyuan city, Ningxia Hui autonomous region, on September 16. [Photo by Wang Kan/chinadaily.com.cn]

The court also fined Chang 500,000 yuan (around ,850) and ordered his illicit gains to be confiscated.

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The country's continuous deleveraging efforts in both financial and non-financial sectors have produced results, cutting corporate debt and changing prices, which contributed to improvement in corporate profits and steadied the nerves of investors over China's potential debt crisis.

The country's electronic vehicle sales had surppassed that of the Europe and the United States since 2016, and will continue to lead until 2040, said a report by Bloomberg New Energy Finance released in the end of July.

The deal aims to "facilitate bilateral trade and investment and promote the economic development of both countries," PBOC said.

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The country's economy contracted 6.8 percent year-on-year in the first quarter as a result of the blow dealt by the epidemic to social and economic activities. The government unveiled a slew of measures to revive the economy -- especially to small businesses -- including offering tax breaks, increasing lending and lowering financing costs.

The day started to become associated with commerce when Alibaba launched a major promotional campaign in 2009.

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The court said it handed out a lenient punishment instead of the death penalty because he was forthcoming when he "confessed his crime and cooperated with law enforcement officers to return his ill-gotten assets."

The current target figure for NATO members' GDP expenditure on defense is 2 percent, but, according to the organization's own figures, of the 29 member states only the US (3.6 percent), Greece (2.2 percent), Estonia (2.14 percent), the UK (2.10 percent) and Poland (2 percent) meet that level.