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Competition is on"One of the important meanings of the new rules is promoting competition," said MOC official Hu Jianping. Suning's car market is a good example. "China's automobile market has begun to change, needing new models to promote the upgrading of both products and services," said Liu Donghao, president of the digital company of Suning Commerce Group. The supermarket brought the company more than 3 million yuan (5,000) in car sales revenue and 200,000 yuan in accessories between July 15 and 26. Suning wanted the supermarket to be an open platform to bring convenience to customers, Liu said. "Suning's car supermarket has no intention to race for market share with 4S stores, but to help with their business and expose car brands to consumers via a better channel," he said. Although he played down the coming competition, Suning's planned chain of car markets might be just the beginning of changes motivated by the new regulations. Gome Electric Appliances, a major rival of Suning in China, also unveiled its ambition for the car sales market earlier this year, planning to add a car division to most of its 1,700 stores across the country. If their business model proves to be successful, other companies may soon follow suit, challenging the dominance of 4S shops.

Comcast Corp's Universal Studios theme park in near Los Angeles also will close on Saturday with plans to reopen on March 28, the company said.

Compared with the more common alternating current (AC) systems, HVDC can help reduce transmission loss - the loss of power while passing through transmission lines save construction costs, and offer more stable power supply.

Competition in the food delivery industry is seeing a change in its drivers, from coupons to efficiency and quality. The industry has grown from its initial stage, relying on discounts, to a more mature stage focused on delivery efficiency and food quality, the People's Daily said.

Coal prices dipped, with the transaction price of Qinhuangdao 5,500 kcal/kg thermal coal standing at 549 yuan () per ton on Dec 27, down eight yuan from Nov 29, the data showed.