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China's National Council for Social Security Fund injected a fresh round of 7 billion yuan by subscribing to an additional 100 million Ant shares, the company said, making it the largest strategic investor in addition to Alibaba Group.
China's automotive market has seen a decline in sales this year.
China's central bank announced on Friday it would inject 550 billion yuan (.67 billion) of liquidity into the economy by cutting the cash amount commercial banks must reserve to stabilize market sentiment and support economic growth amid the novel coronavirus outbreak.
China will soon issue commercial licenses for 5G, as the country has established an edge in the superfast wireless technology, both in domestic innovation and international cooperation, the Ministry of Industry and Information Technology said on Monday.
China's State Councilor and Foreign Minister Wang Yi met with top diplomats from three of the six GCC member countries - Kuwait, Oman and the United Arab Emirates, or UAE - at the United Nations headquarters in New York on Tuesday.
来源：资阳报