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China's central bank governor said at a financial forum in April that several favorable policies in support of private businesses have made substantial achievements. By the end of April, loans provided to micro and small enterprises surged 20 percent year-on-year to reach 10 trillion yuan, supporting more than 23 million small companies.

China's bike sharing market is expected to rake in 10.3 billion yuan (.5 billion) in revenue this year, a 736-percent increase from 1.2 billion yuan in 2016, according to a report from iiMedia Research.

China will do "whatever it takes" to thwart any effort aimed at Taiwan seceding from China, Senior Colonel Tan Kefei, spokesman of the Ministry of National Defense, said on Thursday.

China's Xiaomi continued its rise, almost doubling smartphone shipments from a year ago, according to the Strategy Analytics report.

China's capital has launched an international version of its government website with information in eight languages, providing information on living, working, studying, traveling and investment.