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Compared with the first-quarter statement issued by the monetary policy committee after its meeting, the June statement deleted the words like "control inflation" and "strengthen countercyclical measures". But it reiterated the need to increase the proportion of lending to small firms, credit loans and manufacturing loans and continue to lower lending rates via reform measures.

Combined with an earlier legislation, Trump has signed into law almost 1 trillion dollars in government spending for fiscal year 2019, according to local media.

Commodities from Japan are exhibited at a trade show in Dalian, Liaoning province in September. [Photo by LIU DEBIN/FOR CHINA DAILY]

Competitors include Google’s OnHub technology and San Francisco startup Eero. Atlanta-based?Luma, founded by networking and security veterans?Paul Judge and Mike Van Bruinisse, says it has sold more than 30,000 pre-orders, not including those from channel partners.?It’s scheduled to start shipping in June.

Commercial, science and technological services were the main areas. Foreign-invested manufacturing also continued to grow in January.