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China's national legislature has approved a massive Cabinet restructuring plan that aims to improve government efficiency and make it more service-oriented.

China's financial industry is maturing, with more professionals than amateurs joining the league. Financial talent－defined as those systematically trained with financial knowledge－in the country's securities sector jumped from 8 percent to 15 percent between 2010 and 2016, according to a survey published by the institute in early July.

China's life sciences industry has received more than 0 billion in government funding and last year more than billion was invested into the local industry, according to ChinaBio Consulting.

China's oil giants, especially those with major business in upstream sectors including China National Petroleum Corp and China National Offshore Oil Corp, will suffer if oil prices remain at depressed levels throughout the year, said an industry expert.

China's divorce rate has been rising in recent decades, with 3.2 divorces taking place for every 1,000 people in 2018, according to the National Bureau of Statistics, up from 1.85 per 1,000 in 2009.