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China’s tourism revenue for the upcoming New Year’s Day holiday is estimated to reach 76.5 billion yuan (.7 billion), an increase of 12.7 percent year-on-year, according to China National Tourism Administration’s Wednesday announcement.The announcement forecast the number of China’s domestic tourist trips during the New Year’s Day holiday will reach 135 million, up by 12.5 percent from the corresponding period last year.As the New Year’s Day holiday is relatively short, lasting three days, most people will make short-distance trips and driving will become their first choice for transportation.

China's securities regulator has released draft revisions of company rules that will broaden circumstances under which companies are permitted to buy back shares and simplify the procedures for buybacks.

China's year-on-year growth in consumer price index hit an almost eight-year high at 4.5 percent in November due to higher prices of pork and other meat, said the National Bureau of Statistics on Tuesday.

China's three major telecommunications companies - China Telecom, China Unicom and China Mobile - and China Tower are all betting big on 5G and gearing up for their infrastructure construction, with a total estimated budget amounting to nearly 200 billion yuan in 2020, China Securities Journal reported Wednesday.

China, which has lodged solemn representations to India, has always stood for peaceful and friendly negotiations for fair and reasonable solutions to border issues that both sides find acceptable, Hua said.