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The PBOC said the prudent and neutral monetary policy stance is unchanged, as after the capital injection from the RRR cut offset corporate tax payments in mid-to-late April, there would be basically no change to overall liquidity in the banking system.

The PBOC has also reiterated its prudent monetary policy stance, with its policy fine-tuning set to counter a seasonal liquidity squeeze and ramp up support for the real economy amid external headwinds.

The NMC suggested local governments take precautions against disasters, and ships in affected areas return to port.

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The Ministry of State Security of the DPRK said in a statement that CIA recruited a DPRK citizen in Russia's Far East in 2014 and trained him to stage the assassination against Kim when he was making public appearances on April 15 during celebrations of the 105th birthday of DPRK founding leader Kim Il Sung.

The NBS attributed the lower CPI reading to sharply lowering food prices, which fell 1.9 percent in March. Vegetable prices dropped the most, by 7.9 percent from February.

The Neiman Marcus store is seen during the outbreak of the COVID-19 in New York City, US, April 19, 2020. [Photo/Agencies]

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The NDRC was alerted to the situation after the price of storage chips rose at an astonishing pace over the past 18 months.

The NDRC and the People's Bank of China are establishing their own credit systems, with some overlaps and responsibilities in regulation yet to be clarified. Algorithmic transparency should be included into future legislation of social credit system. Rules such as how governments conduct analysis to reach a score or ranking should be specified, Han said.

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The NDRC said in a notice that the fees for funding major hydropower projects will be reduced by 50 percent to lower electricity costs.

The OLED television market in China is forecast to carry high growth this year, with an estimated rise of around 116 percent over last year, according to global consultancy IHS Markit.