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During the first half, the country's top 100 electronic manufacturing companies made fresh attempts in intelligent manufacturing, research and development as well as internationalized management, upgrading from traditional to high-end manufacturing.

During the same period, the company's total profit surged 105.06 percent year on year to 3.04 billion yuan, said the statement.

During the Shanghai auto show, Kevin Chen, general manager of the marketing and communication division of Lexus China, said: "Treating guests with the utmost sincerity assists Lexus to be approved by a million users, which is our unique brand advantage."

During the anniversary sales event from June 1 to 18, the firm said sales of sweeping robots and window-cleaning machines priced over 3,000 yuan surged 200 percent year-on-year, while the sales of high-end hair care products priced over 2,000 yuan jumped 220 percent.

During previous years, rocketing housing prices, especially in major cities, fueled concerns about asset bubbles. To curb speculation, local governments rolled out restrictions on purchasing homes and increased the minimum down payment required for a mortgage.