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The Political Bureau of the Central Committee of the Communist Party of China held a meeting on April 28. The meeting pointed out the need to effectively prevent and resolve risks in key areas. Efforts should be made to stabilize the real estate market and solidly promote urban renewal. Local government debt risks should be resolved in an orderly manner, and efforts should be made to address the issue of overdue payments to enterprises. The reform of small and medium-sized financial institutions should be promoted, and confidence in the capital market should be stabilized and strengthened.
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