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In the consumer market, trends such as household storage, aging population, consumption classification, 1.5-tier cities, screen shift and 5G will significantly affect the terminal market, which should be paid great attention from manufacturers, Wang added.

In the US, higher home prices in districts with good schools lead to higher property tax. That helps fund schools' infrastructure development and wages for top-quality teachers. Such an ecosystem ensures top quality of education.

In the first quarter, NDRC has approved 50 fixed asset investment projects, mainly in the fields of energy, transportation and high-tech sectors. The total investment hit 370.3 billion yuan (.3 billion).

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In the future, more efforts are still needed to attract more global investors. Qian Wei, a researcher with China Securities, said RMB should be further globalized and marketized so as to reduce exchange rate fluctuations; market supervision should be enhanced to diminish risk; and the market should continue to see wider reforms in order to strengthen the long-term confidence and prospects of global investors.

In the first six months of 2017, the company reported that revenue from overseas markets stood at 41.25 billion yuan (.09 billion), accounting for 21.7 percent of the total.

In the fourth quarter of 2018, the Beijing-based company was ranked as the fourth largest vendor in China, with its shipments down to 10.3 million units from 15.9 million units a year earlier, according to market research company International Data Corp.

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In the city's Xiaoshan district, ambulances are given a green light at all intersections, which has cut the average arrival time for ambulances by half.

In the first half of this year, consumption contributed 78.5 percent to China's economic growth, according to China's National Development and Reform Commission, and online retail sales increased by 30 percent compared with the same period last year. In July, China announced new tariff cuts in order to further boost consumption.

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In the UK, WeChat Pay has linked up with the British payments company Tramonex, which will help WeChat Pay integrate its payments infrastructure with British retailers.

In the first half of 2020, China Pacific issued and listed global depositary receipts on the LSE, making it the first insurer simultaneously listed in Shanghai, Hong Kong and London.