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China's central bank cut the interest rate of medium-term lending facility (MLF) to 3.15 percent on Monday, 10 basis points lower than the previous MLF. [Photo/Sipa]
China will not sit idly watching its legitimate rights and interests being damaged under any circumstance, the spokesperson said.
China will work to ensure that the registration of businesses will be entirely processed online before the end of the year in a further move to transform government functions and reinvigorate market entities, the State Council's executive meeting chaired by Premier Li Keqiang decided on Wednesday.
China's Sinohydro has also finished the necessary studies to start soon the construction of a major pumped-storage hydropower plant in Mount Ataka in northeastern Suez province, with a capacity of 2,400 megawatts.
China will roll out a nationwide negative list to further open up to foreign investment. The negative list model, which states the sectors and businesses that are off limits to foreign investment, will be adopted nationwide as early as 2018.
来源：资阳报