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Ding said street shops now account for 65 percent of all outlets, down from 80 percent at Anta's peak. Outlets in shopping centers are expected to increase from the current 35 percent to 50 percent in future.

Details on China's first batch of free trade ports is expected to be released after the two sessions set to be held in early March this year, China Securities Journal reported Wednesday.

Domestically, London is fighting to maintain its status as a leading global banking center amid the Brexit uncertainties, and internationally the UK is defending its inherent values of market openness at a time of trade frictions and protectionist pressures.

Divergence in performance of State banks, private lenders to increase this year

Domestically, China still faces structural inflation pressure as indicated by the Consumer Price Index, mainly due to higher pork prices, they said. This month, the central bank's medium-term lending facility (MLF) rate, the price at which commercial banks borrow money from the PBOC and a base of the LPR, remained stable.