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China's home-sharing market is surging as Chinese consumers have started to pursue high-quality travel and accommodation experiences, which has spurred the explosive growth of home-sharing service providers.

China's dairy output has grown rapidly over the years, boosted by advanced livestock farming and large-scale milking techniques, with sharp growth seen in both dairy processing and consumer products, industry leaders said.

China's moves to expand foreign companies' investment options will accelerate the upgrade of the country's economic structure and encourage many domestic businesses to deepen reform and break their monopoly operation, experts said on Thursday.

China's efforts, focusing on supporting the corporate sector and consumption, will help achieve economic growth in excess of 6 percent this year, despite headwinds from a sluggish and uncertain external environment, a top economist said on Friday.

China's equity market, however, experienced net capital outflows of 179.9 billion yuan (.43 billion), compared with a net inflow of 193.5 billion yuan in the first quarter of last year, official data showed. The global equity markets at the same time suffered the fastest drop in history and the asset price declines reached about half the magnitude seen in 2008 and 2009 at the worst point of the sell-off.