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China's bicycle manufacturers above designated size saw their revenue fall by 1.4 percent year-on-year to 35.72 billion yuan (.1 billion) in the first nine months, with their profit surging by 92.1 percent to 1.23 billion yuan.

China's State-owned assets regulator asked SOEs on Tuesday to take further steps in optimizing their resources.

China's Beijing and Shanghai have been named by the Nature Index as China's most scientifically productive cities, which also enjoy the highest city-to-city collaboration in the country.

China will expand brick-and-mortar and virtual shopping infrastructure to enhance the quality of products and services this year, and reduce or remove import tariffs on certain consumer products to facilitate the transition, senior commerce officials said.

China's FAI went up by 0.8 percent year-on-year in the first three quarters, the first gain in 2020, data from the National Bureau of Statistics showed.