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Compared with the annual target of 2 trillion yuan in reducing tax and fee burdens, the figure in the first five months indicated the task was 44 percent complete, said Zhang Yiqun, an expert in finance and taxation, adding China fares well in large-scale tax cuts and fee reductions and will definitely attain its goal in the end, according to Securities Daily.

Colorful deer-shaped lanterns are among the displays. [Photo provided to chinadaily.com.cn]

Compared with the older model, its power consumption per 100 km is 17 percent less when running at 350 kph, said Yu.

Companies like Amazon Web Services and Microsoft technically don’t sell cloud services in China, at least in the same way they have set up data centers and sales organizations in nearly every other corner of the planet. Companies that want to offer cloud services inside mainland China — which is essential for cloud performance reasons thanks to the Great Firewall of China — must register with a local partner.

Compared with the "large steps "of credit and liquidity injections in the first half of this year, the central bank may take a more cautious pace in monetary easing in the subsequent months, but still maintain stable credit growth to sustain economic growth momentum, said analysts.