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China will finance and own 70 percent of the venture, while Laos will be responsible for the remainder.

China will encourage foreign institutions to raise funds through renminbi-denominated bonds in the interbank bond market, as part of efforts to accelerate the opening-up of the financial market and improve the renminbi's internationalization.

China will take preventive and control measures of category A infectious diseases to effectively fight against the pneumonia caused by the novel coronavirus (2019-nCoV), according to the National Health Commission.

China will speed up developing several strategic emerging industries, including new-generation information technology, biotechnology, new energy, new materials, high-end equipment, new energy vehicles, environmental protection, aerospace, and marine equipment, according to the document.

China's air quality has improved across the country, showed a report on the implementation of the Air Pollution Control Law on Monday.