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Premier Li Keqiang is scheduled to deliver the annual Government Work Report at the opening of the second session of the 13th National People's Congress on Tuesday, and more details about the tax arrangement are expected to be revealed.

Premier expresses confidence in economy at trade union congress

Preferred fields include physics, material synthesis and in-space manufacturing as well as astrochemistry and bioengineering, according to a release from the academy on Monday.

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Power consumption of the third industry rose 15.1 percent year-on-year. The consumption of software and information service industry grew by 66.1 percent on a yearly basis, while that of internet and internet service industry jumped 63.3 percent, with internet data service industry saw skyrocketing growth of 207.1 percent.

Premier Li Keqiang has called on China and the United Kingdom to cultivate new growth drivers of cooperation through the Shanghai-London Stock Connect - allowing investment from corresponding markets much freer access - which is set to be launched this year.

Poverty alleviation efforts in the Tibet autonomous region are accelerating. For example, by the end of last year, 25 counties in cities and prefectures such as Shigatse, Lhokha, Chamdo and Ngari were no longer designated as "impoverished", along with 2,100 villages and 181,000 residents, according to a statement from the regional government last month.

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Premier Li Keqiang reiterated on Monday pledges to channel increased fiscal funds via the raising of fiscal deficits and issuance of government bonds directly to smaller businesses, self-employed individuals and low-income groups to help them ride out the COVID-19 pandemic.

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President Xi Jinping addresses a banquet held for guests attending the 18th Shanghai Cooperation Organization (SCO) summit in Qingdao, East China's Shandong province, June 9, 2018. [Photo/Xinhua]

President Donald Trump travels to Arizona on Tuesday for a youth gathering in Phoenix.