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Chinese consumers value a product's good appearance, and they would likely buy good-looking items, Pritchard said. So, P&G has adjusted elements relating to product design and packaging, besides building in China its biggest digital innovation center in Asia.

Chinese and international carmakers delivered 1.206 million electric cars and plug-in hybrids in China last year, down from 1.256 million in 2018, according to the China Association of Automobile Manufacturers.

Chinese financial institutions have provided more than 0 billion for BRI infrastructure projects. Renminbi-denominated overseas investment funds amounted to over 320 billion yuan (.49 billion) and the Chinese capital market has helped companies raise 500 billion yuan through equity funding. BRI countries and companies have issued more than 65 billion yuan in Panda bonds in the Chinese onshore market, according to the central bank.

Chinese postal and delivery firms delivered 345 million parcels Thursday, a record high for a single day, according to the State Post Bureau (SPB).

Chinese cities rolled out new measures for the second quarter in a bid to rein in their property markets, as National Bureau of Statistics figures showed new residential home prices remained stable in 15 major cities considered the "hottest markets" in February.