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China's outbound direct investment has seen rapid growth in recent years. However, noting an "irrational tendency" in the field, Chinese authorities have set stricter rules and advised companies to make investment decisions more carefully since last year.

China's high-end soy sauce market grew 9.99 percent year-on-year to about 20.2 billion yuan in 2018, according to industrial research provider Forward - the Economist.

China's move came as the world has run out of IP addresses offered by IPv4, the former version of internet protocol. IPv6 can offer considerably far more IP addresses than IPv4, better designed for the internet of things era.

China's leading supercomputer manufacturer Dawning Information Industry Co Ltd, also known as Sugon, is beefing up efforts to build a national-level advanced computing innovation center in Tianjin, considering the burgeoning demand for computing power. The center is set to be completed in 2021.

China's market entities have surpassed 100 million units in mid-March this year, including over 31 million enterprises. "The increasing number of market entities indicates that China's market vitality is increasing. The supply-side structural reform in the past two years has achieved substantial progress. The government's administrative reform and transform government functions, especially some measures to reduce cost and improve the business environment had positive progress," Niu said.