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The fund would promote innovation, which is aimed at improving the competitiveness and efficiency of small and medium enterprises.
The inflation was sparked by increasing food prices after poor harvests due to bad weather.
Trade between Houston and China hit $12.9 billion last year.
The finance minister will also participate in the three-day IMF and World Bank spring meeting in Washington.
China will invest 520 billion yuan in railway infrastructure this year.
Indian companies were out in force at the recent Power & Electricity World Africa 2013 expo in Johannesburg.
Russian air defence systems are generating great interest in the exhibition, according to a Russian official.
China’s manufacturing sector is gaining momentum, partially due to the continued growth of its automotive industry.
This deal makes the Australian dollar the third major currency to directly trade on China's mainland.
The government is trying to forge a consensus with opposition parties to ensure the passage of a bill.
