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Authorities will maintain the continuity and consistency of policies to guard against systemic financial risks, push forward supply-side structural reform and ensure stable and healthy economic development, according to the meeting of the Political Bureau of the Communist Party of China Central Committee.

Authorities stepped up measures to act against irregularities in property financing earlier this month, prohibiting property developers, real estate agencies as well as Internet finance and micro-loan companies from offering illicit down payment financing for buyers.

BEIJING - China Shipbuilding Industry Corporation (CSIC) and State Power Investment Corporation (SPIC) have signed a strategic cooperation deal, said the State assets supervising authority.

Aware of the potential, BYD, the largest provider of electric buses in the region, is premiering a state-of-the-art manufacturing plant to support electric bus production for the domestic and international markets. Its latest investment, .7 million for a 5,000-square-meter facility in the city of Manaus, is its third plant in Brazil.

Automakers, ride services companies and others are investing in self-driving technology said to reduce accidents, and the costs of a driver, with robo-taxis expected to hit the road as early as this year.