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China's monetary authority eased liquidity tensions in the banking system when the innovative capital injection measures took effect on Wednesday, which will not change the regulator's determination in the long-term goal of financial deleveraging in a tightening regulatory environment.

China's first road section for testing autonomous vehicles will be launched in Yizhuang, a southern suburb of Beijing, the municipality's Commission of Transportation said. The capital city released the country's first guideline on road tests of autonomous vehicles last month.

China's fiscal revenue expands 10.6 percent in H1. [Photo/VCG]

China's exports to the US, such as iPhones, contain a large percentage of components made by other countries, from the US to Japan to Europe, as China has become the final assembly line of global manufacturing supply chain.

China's economy grew at a faster-than-expected 6.4 percent on an annualized basis in the first quarter, remaining at the top end of the government's projected growth range of 6 percent to 6.5 percent for the full year, official data show.