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Globally, the COVID-19 crisis is still spreading, and the economic outlook is turning worse than the already pessimistic projections and will weigh on China's recovery, as the key trading partners fall into a deep recession, economists said.

Gu Shu, president of Industrial and Commercial Bank of China Ltd, said the bank remained bullish on the overall asset quality and its ability to maintain prudent operations this year.

Greater efforts will be made to enhance financial services for the private sector, especially micro and small businesses, those attending the meeting agreed.

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Growth in China is projected to moderate from 6.9 percent in 2017 to 6.6 percent in 2018 and 6.4 percent in 2019, as regulatory tightening of the financial sector takes hold and external demand softens, the IMF said in its July report released on Monday in Washington.

Governor Jay Inslee said: "I know this news is alarming, but we are doing everything possible to make sure the public is safe. Earlier today I declared an emergency proclamation directing state agencies to use all resources necessary to prepare for and respond to the outbreak. The best thing people can do to help is remain informed and take routine health precautions."

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Great Wall Motor, China's biggest SUV and pickup producer by sales volume, is set to release SUVs that meet the tougher China VI emission standard, the company said.

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Guangdong province placed first in both the number and annual growth rate of cosmetic procedure facilities, with 868 facilities that registered 22.87 percent growth.

Go, commonly known in China as weiqi, is a board game for two players that demands strenuous abstract and logical strategies. To win, the players must use black and white playing pieces, called stones, to surround more territory than the opponent on a checkered board.