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The market should play a decisive role in promoting innovation, and leading enterprises should lead major sci-tech projects to transform research breakthroughs into real products, Li said.
The military must pay more attention to the training of officers and talented people, Xi said.
The ministry needs to draw lessons from the epidemic in a bid to improve its charitable governance capacity in responding to major public health events and huge catastrophic events, he added.
The meeting, presided over by State Councilor Yang Jiechi, is one of a series of BRICS meetings during China's rotating presidency of the BRICS bloc this year.
The maximum loan ratio for self-use new energy cars is 85 percent, and that for commercial-use is set at 75 percent.
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The meeting came as market participants are expecting the Fed to lower interest rates later this year, partly due to concerns about the rising costs of trade tensions and slowing global growth. US President Donald Trump has also repeatedly pressured the Fed to lower rates and boost economic growth.
The measures were all dead on arrival in the Senate, whose Republican majority was bolstered in November's midterm elections. Pelosi said Democrats would pass new legislation to try to reopen parts of the government next week after talks between the Trump administration and Democratic negotiators on Saturday ended with no breakthrough.
The measures, which will be announced in a short period, will better satisfy the demands of domestic investors for financial assets in the global market, according to the SAFE.
The ministry said pelagic fishing boats should fish for squid in a legal way, gradually set up a system including electronic fishing logs, video surveillance and fishery observers, and must not fish across borders.