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In the last two months, portfolio outflows from emerging markets were about 100 billion U.S. dollars, more than three times larger than for the same period of the global financial crisis, she noted.

In the past, the winter sports industry was concentrated in northern China, especially the three northeastern provinces of Heilongjiang, Jilin and Liaoning. Today, as China steps into the winter sports promotion fast lane, winter sports have become more popular in other parts of the country, including the Qinghai-Tibet Plateau.

In the past month, the studio shut down its store and kept online communications with customers open.

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In the process, they are spawning an industry that is promising huge revenues and global scale, redefining smart mobility and enhancing all walks of life.

In the short term, last week's market drop of more than 3,500 points — the sharpest decline since 2008 — is likely to mean a shift to defensive stocks and away from those offering the prospect of high growth and hefty returns.

In the short term, the 80/20 pattern is aimed at resolving risks; in the long run, it is to pave the way for tech giants such as Baidu, Alibaba, Tencent and JD, which are listed overseas, to also list on the domestic bourses.

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In the next seven to eight years, Volkswagen will manufacture nearly 40 new models of NEVs in China, including more than 20 to be launched between 2020 and 2025.

In the past decades, Temasek has been expanding its investments in China due to rising confidence in the country's economic development, said Wu Yibing, head of Temasek China. Wu added that China has been the company's second largest investment destination after Singapore, making up 26 percent of its total net investment value.

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In the past, China solved the problem of feeding some 1.4 billion people. Now the pursuit of quality is driving more farmers to change their traditional planting and management methods.

In the next three days, the agency forecasts the heat wave will expand southward. Central and eastern China will see temperatures rise to their highest this year.