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China will strengthen efforts in regulating local government debts, giving more prominence to controls over hidden debt risks, the vice-minister of finance said on Friday.
China will work with ASEAN countries to boost trade and investment expansion, enhance technological cooperation in the China-ASEAN free trade zone and improve trade and investment facilitation, Li said.
China's central bank, the People's Bank of China, cut the one-year medium-term lending facility rate－a base to determine the new lending benchmark called the loan prime rate, by 0.2 percentage point to 2.95 percent. The drop was the largest within four years, and the new MLF rate hit the lowest level since its introduction in 2014.
China will firmly support Cambodia on its path in line with its own national conditions, and better align the BRI with the country's development strategies, Li said.
China will join hands with its African friends to boost cooperation and common development, and push forward the development of China-African relations to higher levels and broader areas, Wang said in a keynote speech at the opening of the Fifth China-Africa People's Forum .
来源：资阳报