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Chinese platform Tujia.com said bookings made on its site for this year's Spring Festival have increased fourfold compared with last year's. It added that Xiamen in Fujian province, Sanya in Hainan province, Beijing, Guangzhou and Chengdu were the favorite destinations.

Chinese construction engineers stand in front of the business and trade logistics park exhibition center at the China-Belarus Industrial Park in Minsk, capital of Belarus. [Photo/Xinhua]

Chinese monetary authorities face the dilemma of growth slowdown risks amid a rise in consumer inflation, but in order to stabilize growth, the policy markets are expected to do more to bolster growth, according to a research note from the Nomura Securities.

Chinese monetary authorities have recently set new long-term goals for RMB as an international currency: The yuan should be more widely used in cross-border investments, transactions of financial markets, and central bank reserves.

Chinese dockless bike-sharing company Ofo announced plans to put 150,000 of its cycles on London's streets as rival Mobike brought more of its bikes to the British capital on the weekend.