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President Xi Jinping has long stressed the importance of "precision" in the battle against poverty, saying the alleviation should focus on targeted people and industries.

Postal Savings Bank of China, for instance, has purchased the new Everbright Center at Tongzhou area of Beijing for 4 billion yuan (7 million), the highest profile transaction in the capital during the second quarter.

President Xi Jinping is greeted by students and faculty at the China University of Political Science and Law in Beijing on Wednesday.[Photo/Xinhua] More photos

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Powderly said, "I don't believe the administration had this in mind when they implemented the tariff. They were just trying to create more manufacturing jobs here at home.''

President Xi Jinping and his US counterpart, Donald Trump, agreed on Saturday in Buenos Aires, Argentina, during their meeting on the sidelines of the just-concluded G20 Leaders' Summit to take measures to ease bilateral trade tensions and maintain close communication.

Praising great potential for tourism cooperation, President Ilham Aliyev noted that Chinese citizens can easily visit Azerbaijan with e-visas. The head of state underlined news agencies' and media's vital role in developing tourism.

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Possible sector change

Premier Li Keqiang and Prime Minister Lars Loekke Rasmussen of Denmark agreed to the joint work plan for their two nations from 2017 to 2020 during their meeting in Beijing on Wednesday.

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Premier Li Keqiang said that improving the business environment will help unleash productivity and enhance competitiveness, and that fostering a sound business environment will lay an important foundation for developing a modern economic system and promoting high-quality development.

Portable Comprehensive Social Security Assistance extends the concept by ensuring that residents who choose to live in Guangdong or Fujian province still receive the monthly payment, boosted by an annual long-term supplement.