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China's largest coal mining company and a major power generator said on Monday their merger was completed, creating the world's largest utility provider by capacity as the country continues to reform its colossal State sector.
China's new manufacturing fund will provide impetus for the nation's industrial restructuring, and help it better pursue high-quality growth, experts said.
China's economic fundamentals are better than in 2015 and 2016, and the yuan has got rid of unilateral fluctuations. [Photo/VCG]
China's economic data in July, such as retail sales and fixed-asset investment, weakened compared with June, while its consumer price index rose to 2.1 percent in July, up from 1.9 percent in June, according to data by the National Bureau of Statistics (NBS). Recent rises in food prices in many parts of the country have triggered concerns that consumer inflation may strengthen further in August. The NBS is scheduled to release CPI data next Monday.
China's major private automakers, Chery and Great Wall, both launched new-energy models this week aimed at markets in the United States and Europe.
来源：资阳报