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The Chinese government launched its "toilet revolution" across the country in 2015 with an aim to make the most notorious public facilities cleaner and more regulated.

The CSRC will work to ensure the normal issuance of new shares, attach importance to the balance between market investment and financing, and clarify market expectations, according to the report. It will also strictly control the entry of capital markets, promote the integration of stock issuance, registration and market affordability, so as to prevent and control all risks.

The China-owned London Electric Vehicle Company, also known as LEVC, is backing a scheme in the British city of Coventry that encourages taxi drivers to ditch traditional combustion engines for low emission vehicles.

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The Chinese leadership has promised to create "a stable, fair, transparent and predictable business environment" with a range of deregulation measures under way.

The Caixin/Markit Manufacturing PMI showed both domestic and external demand improved, said Zhong Zhengsheng, director of macroeconomic analysis at CEBM Group, a subsidiary of Caixin.

The China-proposed Belt and Road Initiative is "a huge opportunity for Oceania, not only New Zealand. [Photo/VCG]

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The Central Leading Group for Cyberspace Affairs was established in 2014 and has enacted a cybersecurity law and regulations, tightened supervision and cracked down on online crime.

The China-Chile free trade area will become the country's highest-level one in terms of the opening-up in goods trade, the ministry said in a statement.

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The China Banking and Insurance Regulatory Commission (CBIRC) said it would urge banks to make a bona fide classification of their assets, truthfully exposing their NPLs. Any actions aimed at glossing over bad loans and manipulating their balance sheets will be resolutely dealt with, it added.

The Chinese government will step up reforms and roll out a series of new incentives to remove hurdles to private investment and private business activity in hopes of boosting economic growth, the State Council's executive meeting chaired by Premier Li Keqiang decided on Thursday.