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At the meeting, the authorities also decided to opt for a more flexible and appropriate monetary policy with targeted measures, so as to maintain reasonable growth in money supply and aggregate financing, and guide down financing costs.

At the same time, Fan stressed that "a prudent monetary policy" is the precondition that should not be changed as excessive financial stimulus may lead to side effects, such as soaring prices.

At this time of year, Xinjiang's growers usually begin hiring workers to pick the crop. However, 116,000 hectares of cotton fields in Shawan county have already been harvested using machines.

At the end of December, total outstanding bonds reached 99.1 trillion yuan, showed the data.

At the same time, the result also indicates that Nubia's value has risen to 7.2 billion yuan from 5.8 billion yuan at the end of 2015, when a holding company of Suning Holdings Group invested1.93 billion yuan in the Capital Increase of Nubia to subscribe for its 33.33 percent equity interests.