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China's biometric identification sector has been experiencing a surge in demand for its services in recent years, according to ibaogao.com, a market research report website. In 2015, its revenue reached more than 10 billion yuan (.6 billion), and the figure is expected to hit 30 billion yuan by 2020, with a compound annual growth rate of 24.6 percent.

China will further promote free trade and investment and promote globalization. [Photo/VCG]

China will take appropriate measures to defend the country's lawful interests, and the US should respect the facts and act prudently, the ministry said.

China's capital of Beijing has unveiled new rules to raise the threshold for home buyers applying for mortgages through housing provident funds, in a bid to continue to step up property regulation.

China will strengthen fiscal and financial policies to restore hog production and increase the market supply of pork, officials said on Thursday.