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The local government has put forward a plan to build 31 new cities. The John Dube program is the biggest and earliest of them with an estimated investment of 17 billion yuan (.6 billion).

The long-awaited Shanghai-London Stock Connect was launched in London on June 17 and aims to offer more opportunities for British and Chinese financial institutions to buy into each other's economic development. It allows global investors to benefit from China's stable economic growth and ongoing reforms through London, while companies listed on the London Stock Exchange will be able to access Chinese investors directly. The link offers the first opportunity for foreign companies to list in the Chinese mainland and the first chance for Shanghai Stock Exchange-listed companies to be able to raise capital abroad through instruments fungible with their domestic shares.

The local governments in Haidian district in Beijing, as well as Shenzhen and Shunde in Guangdong province have pledged to assuage liquidity concerns for listed firms at the local level, according to recent media reports.

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The market has been spooked by the possibility that the coronavirus will disrupt supply chains and cause extensive economic damage. An economic slowdown would make many stocks overpriced.

The level is only around 20 centimeters above the record low plumbed in 2001 - except, at that time, 400 million cubic meters a year were pumped out for irrigation.

The mainland reported four new COVID-19 cases, all imported, as of Friday. No new deaths were reported while a suspected case was found in Shanghai, according to a release by the National Health Commission on Saturday morning.

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The letter has garnered the signatures of 22 California legislators.

The magistrate was made temporary deputy registrar at the High Court but the judiciary dismissed claims that the magistrate was transferred because of the complaints against him.

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The machinery sector is expected to consume 158 million tons of steel this year, up by 2.1 percent on a yearly basis. The sector is expected to consume 160 million tons of steel next year, up by 1.3 percent on a yearly basis.

The leaders will review the successful experience of developing bilateral ties and plan for future cooperation including the BRI and innovation, Hua said.