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China's economic development helped its imported wine market to grow.
China's healthcare giant Shanghai Fosun Pharmaceutical (Group) Co Ltd announced Monday it will purchase an approximate 74 percent stake in Indian drug maker Gland Pharma for more than billion.
China's foreign trade volume totaled 11.54 trillion yuan (.63 trillion) in the first five months of this year, down 4.9 percent year-on-year, according to data released by the General Administration of Customs on Sunday. The decline was the same as that in the January-April period, the administration said.
China's official manufacturing PMI in May was well above forecasts, given Japanese securities brokerage Nomura said it had expected official PMI to come in at 51.5 in May, above the consensus of 51.4.
China's fuel retail sector is currently dominated by State-owned companies. According to Li Li, energy research director at ICIS China, a consulting company that provides analysis of China's energy market, most gas stations owned by non-SOEs see a much lower profit compared with the State-owned ones, due to poor brand visibility as well as ordinary location of their fuel stations.
来源：资阳报