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China's residential leasing market is currently dominated by individual homeowners rather than institutional operators. About 2 percent of properties in the residential leasing market are operated by institutional operators, according to a report released on the Ministry of Housing and Urban-Rural Development's official website.

China’s plan to use yuan to pay for oil comes amid a more than year-long gradual strengthening of the currency, which looks set to post a fifth straight quarterly gain, its longest winning streak since 2013.

China's reserves of combustible ice, a natural gas hydrate, are estimated at 80 billion metric tons of oil equivalent, which suggests massive resource potential, the Ministry of Land and Resources said in Beijing on Friday.

China's trade surplus continued to narrow last year, shrinking by 14.2 percent to 2.87 trillion yuan, compared with a 9.1 percent reduction in 2016, when the trade surplus was 3.35 trillion yuan.

China's top aviation regulator said on Wednesday that international flights with some qualified countries are expected to moderately increase in the coming days.