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The People's Bank of China input 380 billion yuan into the market through seven-day reverse repos at an interest rate of 2.4 percent, and conducted 120 billion yuan of 14-day reverse repos at an interest rate of 2.55 percent.

The RCEP, which was signed on Sunday, comprises the 10 members of the Association of Southeast Asian Nations, or ASEAN, and China, Japan, South Korea, Australia and New Zealand. It aims to progressively reduce tariffs, eliminate trade barriers and bolster investments among the signatories.

The Second Session of 13th Hohhot Municipal Committee of the Chinese People's Political Consultative Conference (CPPCC) was held at the People's Hall of Inner Mongolia in Hohhot, Inner Mongolia autonomous region, on Jan 2.

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The R&D center, which specializes in the production of lighter and safer vehicle bodies, is aiming to enhance its ties with Chinese original equipment manufacturer (OEM) clients.

The ROK Joint Chiefs of Staff said in a statement that the missile flew for several minutes and reached a maximum height of 71 kilometers before it apparently failed.

The Qingdao-based team Shanghai Cooperation Organization Youth, the Russian fleet Decision and Team Qingdao China rounded out the top five. Team Tsinghua University, a champion favorite with several members from the new Volvo Ocean Race champion crew, was forced to withdraw from the race due to an equipment malfunction caused by a storm.

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The People's Bank of China (PBOC) said on its website it conducted 60 billion yuan (.2 billion) of seven-day reverse repos and another 60 billion yuan of 14-day reverse repos on Wednesday.

The SASAC guides and pushes forward the reform and restructuring of state-owned enterprises, advances the establishment of modern enterprise systems in SOEs, improves corporate governance and propels strategic adjustment of the layout and structure of the state economy.

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The Panzhou subbranch of ABC, the third-largest State-owned commercial lender by assets in China, has cut its lending to coal mining companies such as Panjiang Coal-Power (Group) Co Ltd, a large State-owned coal enterprise in Guizhou, by 20 percent a year in the last two years.

The Philippines is one of the most disaster-prone countries in the world mainly due to its location in the Pacific Ring of Fire and Pacific typhoon belt. Landslides and flash floods are common across the country during the rainy season, especially when typhoon hits.