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China CITIC Bank Corp Ltd also devoted a larger part of its credit resources to retail banking. During the first six months of this year, the Beijing-based national joint-stock commercial lender recorded incremental loans worth 213.17 billion yuan, of which 82 percent were personal loans. Retail banking accounted for 31 percent of its operating income during the period, up from 25 percent a year ago.

China Unicom and China Telecom, respectively the nation's second-and third-largest telecom operator, said they would join hands to build 250,000 5G base stations in the first three quarters of this year, finishing the year-end target in advance.

China Railway No 5 Engineering Group (CREC-5) told Xinhua that at 03:20 local time on the same day, the company successfully completed the closure with cradle construction technique, at the under-construction Nathon Station Double-track Super Major Bridge, some 360 km North of Lao capital Vientiane.

China Merchants Securities Co analyst Yang Yongsheng said in a report that domestic liquor consumption had recovered and Moutai was benefitting from the consumption upgrading and its strong brand influence.

China and European countries have much to learn from each other in terms of urbanization policies, technologies and experience, a senior official said on Wednesday.