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China's pension funds are in a stable condition and payments are guaranteed, Minister of Finance Liu Kun said at a news conference on Tuesday.

China's second biggest e-commerce player, JD.com Inc, reported its net revenues for the second quarter reached 93.2 billion yuan (.7 billion), an increase of 43.6 percent from the second quarter of last year.

China's pork prices, which jumped in June and edged up in July, will continue to rise in coming months due to seasonal factors and the influence of COVID-19. But tight supplies will begin to ease in the fourth quarter thanks to more progress in boosting hog production and the expansion of imports, authorities said.

China's report said the US posed once again as "the guardian of human rights" and a self-styled "human-rights judge" while its own human-rights record remained tarnished and showed a continued trend of deterioration.

China-based home appliance giants Haier Group and Hisense Co Ltd have set examples in moving up industrial value chain from OEM business to self-owned brands and factories outside China, according to an industry insider.