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China's consumer and factory inflation in June show little indication that inflation will become a destabilizing factor in the economy despite some level of pressure from trade conflicts with the United States, according to analysts.
China's leaders have been stepping up the push for fundamental market-based economic reform since Xi's first year in office. The Third Plenary Session of the 18th CPC Central Committee in 2013 set out a strong agenda to restructure the role of the market, giving market forces a "decisive" role in allocating resources, instead of the "basic" role stated in earlier documents.
China's maternity, children and baby market is estimated to be worth more than 339 billion pounds (2 billion) in 2018, with further growth forecast.
China's insurance regulator barred Yao Zhenhua, chairman of Foresea Life Insurance, from the insurance industry for 10 years due to irregular market operations.
China's goods exports rose 6.4 percent year-on-year to 4.81 trillion yuan in the January-April period, while imports grew 11.7 percent to 4.3 trillion yuan, resulting in a trade surplus of 506.24 billion yuan, which narrowed by 24.1 percent, according to the General Administration of Customs (GAC).
来源：资阳报