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China's major nonferrous companies experienced a profitability surge in the first half of 2018, with analysts forecasting the industry's prospects are likely to remain promising throughout the year.

China's fledgling cold chain logistics market is expected to reach 470 billion yuan (.5 billion) by 2020, with a compound annual growth rate surpassing 20 percent, according to the China Federation of Logistics and Purchasing.

China's mainland held about 1.36 million patents for invention by the end of 2017, meaning on average 9.8 patents for invention per 10,000 people, according to the State Intellectual Property Office (SIPO).

China's official manufacturing purchasing managers index, a measure of industrial activity, edged down to 51.2 in July from 51.5 in June, but analysts said that since it remained above 50 — the level separating expansion from contraction — industrial growth should remain stable and there will be little risk of a major economic downturn in the coming months.

China's customs officers have seized 2,748 ivory tusks weighing a combined 7.48 metric tons after cracking a major smuggling case.