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The China-Australia Free Trade Agreement, which went into effect in December 2015, has been described by the Australian government as the most favorable trade deal China has ever struck with a developed economy.

The Chinese mainland's box office hit an all-time high with a total of 63.7 billion yuan (.1 billion) as of Sunday. It remains a difficult task, however, for Chinese films to appeal to North American moviegoers and achieve similar success beyond national borders.

The Chinese government is prioritizing the development of its rental market to rein in runaway home prices in the country's big cities. Hangzhou is among the first 12 cities chosen by the central government to take bold reforms to boost the rental market.

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The CSRC statement came after the share sale plan of China Unicom was seen to have violated existing securities rules that require a cap of 20 percent of existing shares on private placement.

The Chinese Lunar New Year is traditionally a time for family gatherings in China. This year's holiday runs from Feb 15 to Feb 21.

The China Banking and Insurance Regulatory Commission said on Saturday it had finished running Anbang and the new company Dajia was close to a decision on introducing strategic investors.

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The China-proposed Belt and Road Initiative has also contributed in this regard, Wu Hongying, director of the Latin America office of the China Institute of Contemporary International Relations, noted.

The China Securities Regulatory Commission (CSRC) also announced Friday the takeover of two securities firms and one futures brokerage for one year until July 16, 2021.

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The China National Center for Student Financial Aid issued a notice on Tuesday urging education authorities and banks to improve working efficiency and make the application process "student-centered", so that every student in need can get loans in a timely manner.

The Chinese mainland urged the United States to abide by the one-China policy and the three China-US joint communiques, and cautiously and properly handle the Taiwan issue.