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China's central bank increasingly relies on open-market operations, rather than changes in interest rates or reserve requirement ratios, to manage liquidity in a more flexible and targeted manner.

China's A-share market ended higher on Monday as the central bank's move to boost liquidity lifted investor sentiment.

China will prevent roller-coastering in its booming new energy vehicle market as the country is slated to cut its subsidies again in 2019 and stop them by the end of 2020, said Miao Wei, minister of industry and information technology on Saturday.

China's "dual circulation" economic development pattern will further release Qingdao's potential and prompt the city to play a pivotal role in China's higher-level opening-up, according to its top official.

China's best-selling SUV maker Great Wall Motors is overhauling itself amid a changing automobile industry and aims to become a global technology-driven mobility company.