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By reducing the model to the planar system with five parameters, an analysis of one-parameter bifurcation of equilibrium points is presented. By the analytical method, we prove that nondegeneracy conditions for the existence of Neimark-Sacker bifurcation for the planar system are fulfilled. To check the sign of the first Lyapunov coefficient of Neimark-Sacker bifurcation, we use numerical simulations. We give phase portraits of the planar system to confirm the previous analytical results and show new interesting complex dynamical behaviours emerging in it. 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