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China's fresh milk market, which enjoys a steady 3 to 5 percent annual growth, is led by Shanghai-headquartered Bright Food Group, Beijing-based New Hope Group and Sanyuan Foods.

China's first Smurfs theme park opened in Shanghai on May 29. It is also the world's third Smurfs theme park. The other two are in Moscow and Dubai, according to International Merchandising, Promotion and Services, the worldwide licenser of the Smurfs' cartoon images and brand.

China's financial regulators started a de-risking and deleveraging campaign in mid-2017, and formed a basic "action plan" in 2018, focusing on controlling the macro leverage level, the overall debt-to-GDP ratio and shadow banking activities.

China's consumer trend index (CTI), released by Nielsen, a global measurement and data analytics company, increased further in the first quarter of this year as the economy continued to stabilize, a new report said on Friday.

China's financial industry has embraced a new generation of information technologies and its spending on information technology is expected to reach 220.8 billion yuan by the end of 2020, global market intelligence firm International Data Corporation predicted.