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China has invested more than billion in countries and regions involved in the Belt and Road Initiative since its inception in 2013, with commodity trade exceeding trillion, according to the country's top economic regulator.

China has lifted about 82.39 million residents and 436 counties out of impoverishment since late 2012. The country aims at eradicating extreme poverty — which it defines as living with less than 2,300 yuan (2) in annual income — by the end of 2020.

China has decided to set up a new bond financing support vehicle to help finance private enterprises and ease their dilemma in getting loans, a move that experts said would stabilize market expectations and confidence.

China has been cutting financial incentives for new energy cars after years of market stimulation. Subsidies will cease altogether by the end of 2020, according to the Minis-try of Industry and Information Technology.

China has never issued any restrictions on the export of masks and related raw materials for production, said the Ministry of Commerce on Thursday.