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The initiative, Sei said, is attracting much attention in Japan. The Japanese government - particularly the Foreign Ministry - is both wary and hopeful about the strategic purpose of the Belt and Road Initiative.

The inclusion of China's top-tier tech firms in such a sensitive industry symbolizes Beijing's determination to carry out the reform in a thorough and open manner, said Xue Yongfeng, deputy general manager of the research unit at Beijing-based Analysys.

The interior design creates a relaxed ambience and premium quality feel, due to carefully selected materials. The seven inch, full-color TFT display has also been redesigned to highlight key features, such as the Safety Shield technology power gauge, audio and navigation system information.

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The interbank market is also feeling the strain, with the overnight Shanghai Interbank Offered Rate - the cost at which Chinese banks lend to one another - up 3.57 basis points on Tuesday to 2.75 percent, the highest level in more than two years.

The impact of changing State V emissions standards to State VI, which comes a year earlier than the national plan, is beyond imagination, said Xu Haidong, an assistant to the CAAM's secretary-general.

The impact of Sino-US trade friction on China's balance of international payments is "overall controllable", and the current account — which records a nation's transactions with the rest of the world, which include trade of goods and services, earnings on cross-border investment and transfer payments — will "become more balanced and within a reasonable range", Wang Chunying, spokeswoman of the State Administration of Foreign Exchange, said at a news conference.

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The intensified push into the chip sector also coincides with Xiaomi's efforts to grow its technology patents. The company said it has so far obtained more than 3,600 patents.

The injured officers have been sent to local hospitals.

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The indexes - China's shopping mall composite index and convenience store business index - will be released by the Ministry of Commerce in the first month of each quarter, Sun Jiwen, the ministry spokesperson, said at a press conference.

The industry generated revenue of 664.5 billion yuan last year, up 23.5 percent year-on-year, excluding direct revenue of Postal Savings Bank of China, the State Post Bureau announced at a work conference, according to the report.