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The government has taken measures to tackle some of the structural problems in the economy. With these efforts taking effect, downward pressure is expected to be alleviated, according to forecasts by Bank of Communications.

The freight trips between China and Europe rose 36 percent year-on-year to 5,122 during the first six months this year, said China State Railway Group on Friday, adding that the figure hit a record monthly high of 1,169 in June.

The general merchandise volume of China's third-party mobile payments reached 38 trillion yuan (.7 trillion) in 2016, up more than 200 percent from 2015, according to estimates by consultancy iResearch.

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The global presence of Chinese companies also helps domestic buyers develop a positive attitude toward them. Chinese consumers have intense pride knowing their brands are valued and used across the world.

The girl's death has stirred a public outcry for the need for more attention for "left-behind children".

The government has also taken a slew of measures to encourage traditional manufacturers to revamp themselves with new technologies, Hu said. For instance, the government and industry leaders co-founded institutes providing smaller manufacturers with services that facilitate industrial upgrade, such as consultancy and technology development. Policy support has also been stepped up, such as granting bonuses to manufacturers purchasing intelligent equipment.

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The fresh fundraising, according to VIPKid, will be used to deepen the research and development in sectors including artificial intelligence, cloud services and charitable work.

The founding of the People's Republic of China in 1949 ushered in a new era for women in China, changing their social status from an oppressed and enslaved group in the past thousands of years to masters of their own fate, the white paper said.

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The government pro-supply measures have effectively reined in the rising momentum of coal prices during this year's peak season when high temperatures usually lead to a surge in power demand.

The government said in a statement that the institute's high regard of Hong Kong affirms the administration's commitment in upholding economic freedom and in sustaining a favorable business environment.