Receiving capital from a private equity firm would allow municipal vehicle manufacturers to spend more money on vehicles, in turn paying more taxes to city governments, who would then have more capital to purchase finished vehicles, he explained.

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And just last week, housing-management authorities in Yangzhou, Jiangsu Province, introduced a policy that rewards home buyers who purchase already finished residences.

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The editorial team starts culling immediately, with the finished project available for purchase on July 31.

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With a hand-finished ultrathin automatic movement, this power timepiece represents one of the top purchase values in the watch world.

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