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Income tax will be lowered for scientists when they get cash incentives from technological transfers, according to a State Council executive meeting on Wednesday.

Industrial output expanded 6.8 percent year-on-year in May, slower than the 7-percent rise the previous month but still faster than the 6-percent increase in March, according to data from the National Bureau of Statistics.

Inappropriate fiscal policy, such as the uncontrolled expansion of local government debt in order to pursue high GDP growth, should be cracked down by the committee as a rapid increase in local government borrowing may spark a systemic financial crisis, said Qiu Gaoqing, chief researcher with the Bank of Communications' financial research center.

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Inflation remained mild, with growth of the consumer price index declining to 2.2 percent last month, which analysts expected to ease further next year, making it easier for the central bank to maintain liquidity at a reasonable and sufficient level.

Increased demand for power station coal and higher prices of steam coal futures have contributed to a coal price rebound since April, said the unnamed official with the economic operations adjustment bureau at the National Development and Reform Commission.

Indian railway authorities Saturday cancelled 37 trains and diverted others after the accident.

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Infrastructure projects such as airports, railways and nuclear power stations need people to operate and manage them after construction. So Shenzhen Metro's focus on services makes eminent sense, he said.

Industrial production grew by 6.2 percent year-on-year in October, missing analysts' forecast of 6.3 percent and falling by 0.4 percentage point from last month, according to the NBS.

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Indiana-based Simon is spending billion a year to upgrade its properties, Sokolov said.

In this virtual store, dozens of iconic British products are sold, including milk powder from Cow & Gate, honey and biscuits from Waitrose, fruit jam from Ella's Kitchen, and much more.