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M2, a broad measure of money supply that covers cash in circulation and all deposits, expanded 9.2 percent from a year earlier as of the end of June, slowing down from 9.4 percent growth recorded a month ago.

Luca de Meo, CEO of SEAT, said: "China is the benchmark country for electric vehicles. We aim to be a part of this ecosystem in order to exchange knowledge and make progress in achieving global mobility that is more sustainable."

Lou Jiwei, head of the National Council for Social Security Fund and former finance minister, said that the merger of the banking and insurance regulators made sense because of the similarities of their regulations emphasizing capital adequacy and solvency requirements for financial institutions.

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Louis Cha [Photo provided to China Daily]

MACAO -- The inward direct investment to Macao jumped by 167.8 percent year-on-year to 53.99 billion patacas (about .76 billion) in 2019, the Special Administrative Region (SAR)'s statistic department said here on Wednesday.

MOSCOW - Russia's Federation Council, its upper house of parliament, approved on Saturday at a plenary session a bill granting visa-free entrance to foreign football fans with relevant IDs until the end of 2018.

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Lu's young son Lu Yiqi said, "I can understand the explanations and I will come back next time."

Lu Xudong and his wife, Wang Jianping, started their fruit-and-vegetable stall in Beijing's Sanlitun area, which contains many embassies, in 1993.

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Lu acknowledged that pressures on the job market linger due to increasing uncertainties at home and abroad but stressed the stability will continue thanks to a steady economy and vigorous innovation and entrepreneurship.

Luckin has more than 3,800 stores in China, mostly of smaller size and with fewer baristas, and had said it would open 4,500 stores by the end of last year to become the country's largest coffee chain.