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Companies in garment, home textile, knitting, carpet and embroidery industries which usually employ plenty of workers are especially supported by the policies and investment, he said.

Commercial banks, an important part of the nation's financial system, are expected to pump funds more proactively to support China to achieve the annual growth target. However, they need to be cautious under the tight scrutiny requiring lending activities to be "out of the shadows", they said.

Commenting on the draft export control measures of the United States on 14 basic and emerging technologies, Gao said China always believes that while the achievements of technological development should be effectively protected, they should also be shared with people around the world.

Compared with Taobao and Kuaishou, another major short-video platform in China, Douyin's livestreaming business in the e-commerce sector has performed below expectations. Statistics from the Everbright Securities show China's livestreaming market in e-commerce sector is expected to reach 440 billion yuan in 2019, with Taobao accounting for 250 billion yuan, Kuaishou 150 billion yuan and Douyin merely 40 billion.

Collins told fellow senators Friday that Christine Blasey Ford's dramatic testimony last week describing Kavanaugh's alleged 1982 assault was "sincere, painful and compelling." But she said the FBI had found no corroborating evidence from witnesses whose names Ford had provided.