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China's health service provider Health 100 kicks off a program in Beijing on Friday to promote diabetes prevention and control. [Photo provided to chinadaily.com.cn]

China's housing market is likely to continue to cool in 2018, with sales growth set to slow across most of the country and house prices likely to stay relatively flat, said Fitch Ratings.

China's economy is currently transitioning from a phase of rapid development to a new stage of high-quality development, with a focus on innovation-driven economic growth and upgrade of the economic structure. The government has initiated a series of policies on digital transformation to catch up with advanced economies and inject new impetus into the economy.

China's factory activity remained robust in February after the Caixin/Markit Manufacturing Purchasing Managers' Index rose to 49.9 from 48.3 in January, a three-month high indicating an easing of the downside growth pressures.

China's e-commerce platforms have announced their promotional policies before the annual shopping spree on Nov 11, known as "Singles Day".