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Chinese automotive experts have highlighted the need to react quickly and seize market trends to meet customer demand if domestic automakers are to capitalize on opportunities to lead future global development in the industry.

Chinese consumers' need for gold jewelry also tempered due to rising gold prices, Wang said.

Chinese developer ABP held a "topping out" ceremony in East London on Thursday to mark the completion of the first buildings in the company's 1.7-billion-pound (.2 billion) Asian Business Park, which aims to act as a gateway to the United Kingdom for Chinese businesses.

Chinese banks should shift their focus from expansion to providing real economic value so they can seek higher quality growth, said experts from global market consultancy McKinsey and Co in a banking industry report.

Chinese peacekeepers to Lebanon parade at a medal-awarding ceremony at a camp in southern Lebanon, on April 6, 2018. [Photo/Xinhua]