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As expectations of a US rate hike strengthened, yields of US treasuries went up during the holiday week, driving the decline in stocks worldwide, according to Yuanda's analysis.

As for the GDP target, China needs annualized growth of 6.3 percent in 2018-20, according to the office of the central leading group on financial and economic affairs. Its economy expanded 6.9 percent in 2017.

As central banks worldwide brace for a blitz of monetary easing measures to calm pandemic fears, China has taken things in strides with eyes on the long-term, renewing commitment to lowering loan interest rates through loan prime rate reform and installing the registration-based IPO system at ChiNext, a board of growth enterprises.

As domestic drug production decreases and the price of such drugs rises, foreign drugs are increasingly penetrating China, quickly seizing control of the market and filling the gap in demand. Of the 65.1 tons of drugs seized last year, 35 tons were clearly sourced from abroad, up 7.5 percent year-on-year. Authorities said they are confident that most of the other drugs seized also came from abroad, though their origin is uncertain.

As an independent and self-reliant country, Serbia opposes the act of interfering in the internal affairs of a sovereign state, Vucic said.