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Such orders "make up 60 to 70 percent of our total business", Dai said. "In some peak seasons, the sales volume for online delivery can hit 3 to 5 million yuan per month, which is three to five times larger than our offline business."

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Such moves are bearing fruit, with the total amount of Lizhi's monthly paid subscriptions rising and ad revenue surging. In the fourth quarter, the number of monthly paying users increased 71 percent year-on-year to 434,100. Revenue from ads and other sources increased 108.1 percent year-on-year to 4.9 million yuan.

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Such a move will help China better prevent risks from the weak global market demand and readjust the export thrust by shipping more medical equipment, medicines, negative pressure ambulances, disinfection robots and other daily necessities to overseas markets battered by the outbreak, said Wei Jianguo, vice-chairman of the China Center for International Economic Exchanges.

Such "bad ideas" will only backfire, Ruan said, warning that "the US should not harbor any illusions".

Such transfers will be reviewed if they appear to affect China's national security or China's core technology innovation in key fields, the guideline said.

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Steve Kessel announced his plan to leave Amazon in an internal email Friday. (Amazon File Photo)

Such considerations have hardened the Chinese government's determination to strengthen financial support for manufacturing and foster the development of advanced technology. A recent statement from Finance Minister Liu Kun laid out fiscal policy's large potential to assist industrial upgrading.

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Stressing the strategic importance of Sino-French relations, Wang said China stands ready to continue to work with France to implement the important consensus reached by leaders of the two countries and push forward the China-France comprehensive strategic partnership, Wang added.

Such storage plants transfer water from a reservoir at a lower elevation to a higher reservoir during the night when demand is low, by using off-peak power production from sources such as wind power. The water is then released from the higher reservoir to generate enough power to meet demand at peak hours.