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The province saw its business volume of telecommunications exceed 1.2 trillion yuan (about 2.6 billion) in 2019, up 55.7 percent year on year, accounting for about 12 percent of China's total.

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The rate reduction could also help stabilize the renminbi exchange rate against the US dollar, after the US Federal Reserve cut its interest rates by a quarter-point to 1.50 from 1.75 percent last week. The Fed has reduced rates by a quarter-point each in July and September.

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The recent ups and downs -- results of short-term herd behavior -- will neither swing the Chinese economy's growth expectations nor reduce its resilience and potential in the long run.

The quake measuring 6.8 on the Richter scale struck southern Bolivia's Chuquisaca department at 9:40 am local time (13:40 GMT), the US Geological Survey (USGS) said.

The proposal included "strong legal liability protection" for corporations, a top Republican priority.

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The province will also provide free service to expand the broadband in homes of teaching staff and students.

The punishment of unauthorized gathering, using, disclosing or selling of the personal information of consumers will be enhanced, as well as for actions that steal or illegally obtain and sell the personal information of others.

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The recent stock market turbulence may also add some pressure on the government, said a research note from Nomura Securities. The brokerage expects downside risks to prompt policymakers to undertake further measures to bolster confidence and stabilize growth.

The province, home to several of China's top 10 most polluted cities, set up an environmental police squad in 2013 and later an environmental protection courtroom within the provincial higher people's court.