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"Compared to China's world status in the world economy, Chinese companies are still weak, lack innovation, and command no major international influence," according to Shao.
Qu Hongbin, chief economist at HSBC China and co-head of Asian Economic Research at HSBC, said the data suggests that China's real economy, especially industrial enterprises, are facing increasing deflationary pressure.
In the campaign to curb lewd content from spreading via the Internet and cellphones, authorities banned 164 pornographic publications, the office said.
In a bid to bolster the economy, the central bank cut benchmark interest rates twice in May and June, separately. It had previously lowered the reserve requirement ratio three times before the rate cut.
It has also become an easy and low-cost communication channel between the government and citizens, the report said. At Sina Weibo, a leading microblogging service, 18,132 accounts have been registered by the Party and government departments and officials as of last October.
来源：资阳报