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China's holding of US Treasuries climbed to a 11-month high of .17 trillion in July, marking the sixth consecutive month of growth, along with the expansion of the foreign exchange reserve and a strengthened renminbi.
China's local brands are also working to extend their range of electric vehicles to appeal to a broader market. Geely Auto, Xiaopeng and Shanghai Automotive Industries Corp displayed models all promising more than 500 kilometers on one charge.
China's leading bike manufacturer Shanghai Phoenix Bicycle Co Ltd on Monday unveiled new bike models, backed by smart hardware, to tap into the burgeoning bike-sharing wave.
China's improving economic fundamentals are behind balanced cross-border capital flows and contribute to stability. "People in China and abroad have had more confidence in the country's long-term economic and social development following the successful 19th National Congress of the Communist Party of China," the statement said. It will help maintain the stability of the foreign exchange reserves, the statement said.
China's domestic air travel market is steadily picking up, with the number of scheduled flights in the domestic market reaching about 80 percent of the level recorded last year, according to the Civil Aviation Administration of China.
来源：资阳报