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China will launch a new three-year renovation plan to address housing in rundown urban areas, starting with construction of 5.8 million units this year.
China's benchmark CSI 300 Index is expected to rise around 12 percent in 2021, Morgan Stanley predicts. Goldman forecasts a 13 percent gain in the index, while UBS expects an increase of about 10 percent.
China's Bright Scholar acquired CATS Colleges, part of the Cambridge Education Group, in a deal valued at ￡150 million, last year.
China will hold its companies and individuals accountable under Chinese laws if they are suspected of behaving against the resolutions, the spokeswoman said.
China will make efforts to effectively control fiscal and financial risks. To that end, the proactive fiscal policy should be stronger and more effective while the prudent monetary policy should be neither too tight nor too loose, the Government Work Report said.
