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China surpassed the United States to become the world's largest smartphone market by volume in the third quarter of 2011, when smartphone shipments reached a record 24 million units in the country, according to data from U.S. market research company Strategy Analytics.

BEIJING, Aug. 2 (Xinhua) -- China Securities Regulatory Commission (CSRC) announced Thursday that it will further cut stock market transaction fees in a bid to ease burdens on investors amid sluggish market sentiment.

The delegation, led by Chong Quan, deputy representative for China's international trade talks, will make representations with government departments of Germany and France, as well as the European Commission.

The CCWE sees the country's gross domestic product (GDP) to grow by 8 percent in the first half and by 8.4 percent for the whole year.

BEIJING, July 24 (Xinhua) -- The Chinese government collected much less tax in the first half of this year as the economy expanded at its slowest pace since the depth of the global financial crisis, according to data released by the Ministry of Finance (MOF) on Tuesday.