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Analysts at Industrial Securities said in a research note that the country's policymakers will continue to adopt more market-based reforms and supportive policies to cushion the negative impact of a slowing economy and external uncertainties.

And the company is continuing to grow－China accounted for 14 percent of the company's global turnover of billion in 2017, up by 12 percent from the previous year.

An outreach program to help the homeless on the streets expects to spend 6 million this year, including sending in 400 outreach workers, according to a spokesman for the city's Department of Homeless Services.

Analysts, including Han Xiaoping, chief researcher at industry and energy website china5e.com, said the listing of Murban futures contracts is a move by the oil producers and traders to rival well-established crude oil bench marks such as Brent and West Texas Intermediate.

Analysts are divided over the new models. Some question the profitability of Suning and Gome's car businesses, as one top profit source for dealers is after-sales services instead of car sales.