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China's biggest banks are accelerating their debt-for-equity program to offload distressed debts and to help reduce high corporate leverage.

China's Foreign Ministry spokesman Geng Shuang responded that the bill "fully reveals the ill intentions of some people in the United States to mess up Hong Kong and contain China's development".

China's Criminal Procedure Law has permitted death convicts to have contact with their close family members such as a spouse and children before execution, but starting Sept 1, when the guideline takes effect, those about to be executed may also meet with other relatives or friends with a justifiable reason.

China's central bank injected 257.5 billion yuan (.8 billion) of funds into the market on Wednesday, in a move to bolster the private sector and small businesses.

China will open up its general manufacturing sector and expand foreign investment access to sectors like financial services, telecommunications, medical services, education, elderly care, and new-energy vehicles, according to the Government Work Report.