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The premier also vowed that China is capable of preventing regional and systemic financial risks. He noted that most of China's big commercial banks are state-owned. The government's debt ratio, especially that of the central government is comparatively low while the people's saving rate is comparatively high. The central government could support banks to maintain the capital adequacy ratio at a relatively high level by market means. The central bank also has many tools to prevent financial risks.
Xi made the remarks during an inspection tour of the National Defence University (NDU) of the People's Liberation Army (PLA), the top military academy.
Sri Lanka, formerly known as Ceylon, won independence on Feb. 4, 1948. It was renamed the Democratic Socialist Republic of Sri Lanka in 1978.
Beijing and Prague signed an intergovernmental MOU on jointly building the "Belt and Road Initiative" in November 2015. In the same year, a traditional Chinese medicine research center was inaugurated in the Czech Republic and a direct flight opened between Beijing and Prague.
4) Price reform was intensified. The guidelines for moving ahead with price reform were published and implemented. Pricing controls over nearly 40 goods and services were either lifted or delegated to lower-level governments. We revised the government pricing catalog, with pricing items being reduced by 80% for the central government and by 55% for local governments. We reduced the price of on-grid electricity from coal-fired power plants and the price of electricity for industry and commerce, and significantly decreased natural gas citygate prices for non-residential users. We improved pricing policies to make them more conducive to energy conservation and environmental protection. We further reviewed and standardized charges related to imports and exports.
来源：资阳报