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Zhang said he expected the discount and the price cuts may continue, he said. "After so many years of distorted development, home prices have never undergone a real downward adjustment, which will only fuel buyers' speculation. Homebuyers should realize that the era of perpetual rise in home prices has come to an end."

Zhejiang Supor Co Ltd, a cookware company, predicted a profit increase of up to 30 percent year on year, thanks to increasing sales of cookware and electronic equipment.

Zhong Yusheng, from Hegang, Heilongjiang province－who calls himself Zhong Meimei, or Zhong beauty, on video-sharing platform Kuaishou－became popular for his unflattering but entertaining and precise imitations of female teachers.

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Zhao Ming, president of Honor, releases the Honor Hunter, a new gaming notebook, on Wednesday in Beijing. [Photo provided to China Daily]

Zhao Liying and Lin Gengxin pose for fashion magazine. [Photo/Official Weibo account of Our Street Style]

Zhong suggested that all parties should fully support the spirit of partnership, resolve the remaining issues as soon as possible, and push for the signing of the partnership agreement by the end of this year.

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Zhou Xueren, a researcher with the School of Economic and Social Development at Dongbei University of Finance and Economics, said urban managers should strengthen guidance and support.

Zhou Lihua in Wuhan and Lin Yajie in Shenyang contributed to this story.

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Zhi Xiuyi, vice-president of the Chinese Association on Tobacco Control, said China faces severe challenges in tobacco control to protect people's health, despite the progress made.

Zhou Xiaochuan, the former governor of the People's Bank of China, also known as PBOC, has been awarded the 2019 lifetime achievement award by finance industry journal Central Banking.