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Cao Yuanzheng, chairman of BOCI Research, said the sustainable increase of Chinese incomes, especially the rising income level of its low-income group, will usher in an expansion of the Chinese market that will be shared by the world.

Cathay Capital Private Equity signed an agreement with partners Tuesday to launch an investment fund dedicated to China's new energy sector, with a target size of over 1.5 billion yuan (about 0 million).

Charities are funded by the public and enjoy favorable policies such as tax exemptions; therefore, they should allow public access to data pertaining to major assets or fundraising activities, according to Li Jian, deputy head of the ministry's department of policies, laws and regulations.

Caused by lichens, a marriage of fungi and algae, the patches eat away at the sculptures, softening them to a clay-like consistency and deforming their features.

Chehaoduo Group, parent company of Chinese online used car platform Guazi, is looking to expand its new car business to more county-level regions, as well as further develop its used-car business, to offset slowing growth in China's automobile consumption industry, a top company official said.