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Investment adviser Vanguard's president, Mortimer Buckley, said he expects more competition and more participants as the Chinese financial market further opens up. While Shanghai aspires to become one of the hubs of leading global asset management firms, a regulation environment centered on client demand should be set up in the first place, he said. Above all, a pool of top talent is essential for Shanghai to reach its goals, Buckley added.

Instead, the core of the "dual-circulation" pattern lies in smoothening business exchanges both within the domestic market and with international markets, with the items exchanged set to expand from commodities to resources, information, technology, and "everything", Zhu said.

Investors talk about stock prices at a securities brokerage firm in Beijing on Monday. [Photo by Wang Jing/China Daily]

青岛大型工业吸尘器

Input VAT eligible for deduction will be expanded and will cover passenger transportation services. Taxpayers will be able to get their input tax on real estate payments deducted in full on a one-time basis, instead of on two occasions in two years.

Instead of using foreign exchange reserves to maintain a stable currency, the authorities could manage market expectations of the renminbi's value using various tools, although renminbi depreciation pressure may increase if monetary policy is further eased, it said.

Investors can always hope.

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Investigators tried electronic positioning of Zhang's cellphone but it was shut down and it has been difficult to break through the phone's ID to locate it.

Inspired by his success, more villagers started to plant peaches and other fruit, including plums and kiwi.

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Instead of resorting to indiscriminate strong economic stimulus, according to Li, China's supply-side structural reform and macro-control innovation contributed to the country's low urban unemployment, pick-up in imports and exports, improvement in the performance of enterprises, increase in fiscal revenue and residents' income.

Investigators had initially said the store was chosen at random and wasn't indicative of a hate crime.