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China's wearable equipment market was characterized by reverse-trend growth in earphone and watch markets, consumers' sensitivity in price and increasing importance in channel operation capability in Q1.

China's shantytown renovation program stepped up a gear in the past three years. It is aimed at improving the living conditions of low-income people, increasing domestic demand and facilitating the nation's urbanization process.

China's role in providing peacekeepers for the United Nations, in providing anti-piracy security services off the coast of Africa, in developing the capacity for providing disaster relief－all of that has been contributing to the improvement of China's soft power, Dube said.

China's top banking regulator launched new rules on three State-owned policy banks on Wednesday, requiring them to establish a capital restraint mechanism with the capital adequacy ratio as a core regulatory indicator.

China, the world's second-largest economy in real GDP terms, has slowly been catching up on the United States. Economists say China's quick rebound from COVID-19 will accelerate that process, the article said.