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China's internet search giant Baidu Inc announced Friday that Lu Qi will no longer serve as chief operating officer of the company starting in July 2018 due to personal and family reasons, but he will continue to serve as vice-chairman of the board of directors.
China's move to further open up its financial industry will help major banks and fund managers in the United Kingdom find new markets after Brexit.
China's installed wind capacity continued to expand this year. During the first 10 months, the country added 18.29 million kilowatts of wind power capacity, up 3.63 million kilowatts from a year ago.
China's foreign trade volume rose 15.9 percent year-on-year to 22.52 trillion yuan (.39 trillion) in the first 10 months of this year,and exports to the European Union increased by 16.2 percent during the same period, according to data from the General Administration of Customs.
China's currency, the yuan, is convertible for trade purposes under the current account, while the capital account, which covers portfolio investment and borrowing, is still largely controlled by the State due to concerns over abrupt capital flows in and out of the country.
来源：资阳报