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BEIJING， Jan. 6 (Xinhua) -- A fund launched by China's state-owned enterprises (SOE) aims to invest 5 billion yuan (722 million U.S. dollars) this year in impoverished areas， according to a board meeting on Friday.


The poverty-relief fund， launched in October 2016， enlisted 51 SOEs to raise initial funding of about 12 billion yuan， which will increase to 100 billion by 2020.


The fund is run by the State Development and Investment Corporation (SDIC) as part of the country's plan to deploy market forces in the fight against poverty.


Since its debut， the fund has earmarked over 1.4 billion yuan for six projects， covering farm product sales， husbandry and forestry， Zhang Hua， chief accountant of SDIC said.


The second round of fundraising will be completed by April of this year， Zhang said， adding that all the money will be put into use to fund projects by 2018.


Developing local industry is a major priority in the battle against poverty， and China has supported the efforts of poor regions to develop local specialty industries based on their resources， such as the photovoltaic industry， tourism and e-commerce.


China plans to lift all of its poor out of poverty by 2020.

If communities are well managed， many social problems are readily solved，" Li Qiang said. They are contradictory and uncertain in credits.


Soon， Nong had gathered twenty other residents to make a video of the latest performances， and sent it， with their best wishes to the old couple. When you see a company call and get for their prices Cheap NBA Hats China , and any special provisions for everyone under age 25.


In strongly worded closing remarks at the end of the trial, Deputy High Court Judge Michael Stuart-Moore said the case was one of the most horrifying the Chinese-ruled territory had known. Learning to create press releases (PR) is a fantastic to start with step to having the word out about you. The best part of it all is that you will get a fair quote, which means that you will not end up regretting your choice.


The country also feel the need to work with and learn from other countries when addressing challenges it faces in the course of realizing these goals, Zheng said. One of the many reasons why you should consider opting for the Sell My House Fast solution is the fact that you don’t have to worry about any fees that are usually associated with relying on a regular real estate agent.


The last PPI increase was in January 2012.


"Robots will not totally replace humans."


Economists have been expecting further measures after last month's rate cuts Cheap NBA Shirts China , including reductions in the reserve requirement ratio (RRR), the amount of cash banks must keep on hand.

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