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The Starbucks cup episode is the latest proof that pets, particularly cats, are stoking big-ticket spending among affluent consumers in China, an economy that is witnessing consumption upgrade across all sectors－a topic close to the hearts of the Chinese lawmakers and political advisers who attended the annual sessions of the country' top legislature and top political advisory body this month.

The Tesla vehicle burst into flames after spewing smoke in an underground garage in Xuhui District's Taide Garden community at about 8 pm on April 21.

The State Council unveiled an array of incentives and guidelines aimed at boosting the sector at an executive meeting presided over by Premier Li Keqiang on Wednesday.

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The Top 10 brick and mortar retailers in China in 2019 only took up less than 60 percent share of modern trade, even in the coastal regions.

The Shenzhen Component Index gained 3.34 percent to end at 7,938.47 points.

The State Council decided at an executive meeting on Wednesday to cut government-levied charges and operating service charges to reduce the burden on businesses and individuals.

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The Stuttgart-based company founded by Carl Benz, who patented the first gasoline-powered car in 1886, has recently shifted gears towards electric vehicles (EVs).

The State Council has pledged stronger support to foreign trade companies, especially smaller ones and labor-intensive businesses, as the country scales up efforts to mitigate disruptions to global trade from the COVID-19 pandemic.

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The Shenzhen-based company revealed Wednesday that so far it has delivered more than 50,000 5G base stations worldwide.

The Surge 1 chip, the first semiconductor developed by Xiaomi Corp, is displayed at the China National Convention Center in Beijing. [Photo by Quan Yajun/For China Daily]