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China's history of industrialization and environmental degradation over the past three decades is well-known. Fast-paced development with a focus on exports generated massive pollution all over the country. What is unfolding is the ongoing cleanup effort. Since Chinese authorities declared war on pollution, the fight has been unrelenting.

China's major manufacturers sold a total of 149,553 excavators in the first seven months of this year, up 13.9 percent from the same period last year. During the period, excavator exports surged 35.7 percent from a year ago to 14,491.

China's express delivery industry expects to surpass 860 billion yuan in revenue this year, with the industry reaching its peak in the middle of this year, People's Daily reported on Monday.

China's greater involvement in the global financial markets will generate more demand for accounting professionals, providing more opportunities for the association to enhance cooperation with local institutions and help more talents in the industry to continue their training, according to Melancon.

China's forex regulator scraped two investment quota restrictions for foreign institutional investors earlier this month to better facilitate participation in the financial markets.