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At the same time, valuations in the bond market are starting to look attractive. Chinese real estate developers make up about half of the Asian high yield universe. As at the end of March, China property high yields had risen by 500 basis points on average this year for credit rated BB, and 700 basis points for Bs, as global liquidity dried up and caused significant price dislocations.

At the same time, data shows that around 15 percent of all the glaciers on the plateau have melted in the past three decades.

At the CES unveiling, Beijing-based tech giant Baidu also announced the launch of Apollo Enterprise, a suite of self-driving solutions ranging from highway autonomous driving solutions, valet parking and fully autonomous minibus solutions, to voice assistant and intelligent map data services, for mass production vehicles.

At the end of the 12th Five-Year Plan (2011-15), the country's iron and steel capacity amounted to 1.13 billion tons, which severely saturated the market, while the ratio of 10 largest enterprises' capacity against the overall capacity dropped from 49 percent in 2010 to 34 percent in 2015, according to the State Information Center, an institution directly affiliated to the NDRC.

At the Memorial Hall of the Victims in Nanjing Massacre by Japanese Invaders, visitors can see the family photos of 30 survivors.