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China Telecom's third target lies in industrial digitalization, with estimated revenue in that area to achieve double-digit growth by the end of this year.

China also used a massive stimulus package to boost its economy during the global financial crisis. But, unlike the US stimulus, which mostly supported consumption or bailed-out financial companies, most of China's stimulus went into productivity-enhancing infrastructure instead, which raised real GDP.

China Merchants Securities said that lowering the minimum price requirement will draw more investors into the market as they could buy shares at a lower price and make bigger profits, which will stimulate their enthusiasm to participate in the private placement of listed companies.

China aims to eradicate absolute poverty by 2020. As a financial tool for targeted poverty alleviation, microloans have played an important role in helping impoverished households to escape poverty.

China General Nuclear Power Corp said it plans to invite representatives of French utility EDF and the British government for an on-site visit to CGN's under-construction Fangchenggang plant in the Guangxi Zhuang autonomous region in southern China.