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The Chinese government has placed high attention on the management of government debt and is firm in cracking down on irregularities in financing activities, he said.

The China Securities Regulatory Commission said in a statement late on Sunday that it fully recognized the importance of China Unicom's mixed-ownership reform.

The China (Hainan) Pilot Free Trade Zone, approved by the State Council, will cover the whole island of Hainan. The government plans to make the zone an international tourism and shopping center, as well as offer services and support for development of the Belt and Road Initiative and other national strategies.

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The Caixin/Markit PMI for manufacturing activity, released on Wednesday, stood at 49.7, compared with 50.2 in November, the first time it has slipped into contraction territory since May 2017.

The China Export & Credit Insurance Corporation. [Photo/sinosure.com.cn]

The Chinese companies tried to expand their international market presence with their home-grown gadgets, although the number of exhibitors dropped about 20 percent as China and the United States are negotiating to ease their trade tensions.

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The Chinese automaker will also provide spare parts, after-sale services and at the same time increase local taxation and create more job opportunities, contribute to the development of local economy.

The Chinese Foreign Ministry said on Wednesday that the move by the three biggest US airlines to change how they refer to Taiwan on their booking websites was a "positive development".

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The Chinese government is committed to respecting citizens' right to work, safeguarding their legitimate labor rights and interests, and ensuring them a decent job. Strictly following the above principles as embodied in the Constitution of the People's Republic of China and relevant national laws, including the Labor Law, Labor Contract Law, Employment Promotion Law, Social Insurance Law, Law on the Protection of Women's Rights and Interests, and Law on the Protection of Persons with Disabilities, Xinjiang has formulated and implemented a series of autonomous regional regulations based on local conditions, including measures for implementing the national Employment Promotion Law, Regulations on Labor and Social Security Supervision, Law on the Protection of Women's Rights and Interests, and Law on the Protection of Persons with Disabilities, as well as the Regulations of the Xinjiang Uygur Autonomous Region on the Protection of Labor Rights and Interests. These laws and regulations provide a solid legal guarantee for citizens in Xinjiang to enjoy equal rights to work.

The China-Laos Railway is a strategic docking project between the China-proposed Belt and Road Initiative and Laos’ strategy to develop from a landlocked country to a land-linked hub.